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Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hard Fork of This Altcoin!

source-logo  en.bitcoinsistemi.com 22 February 2024 09:37, UTC

In order to improve user experience and ensure smooth operations, Binance has announced support for the upcoming network upgrade and Hard Fork of the Ronin (RONIN) network.

Binance Ronin (RONIN) Announces Network Upgrade and Hard Fork Support

The Stock Exchange will initiate the necessary measures to facilitate the transition on February 26, 2024, starting at approximately 09:00.

As part of the upgrade process, Binance will temporarily suspend token deposits and withdrawals on the Ronin (RONIN) network. This suspension is crucial to facilitate a smooth transition and ensure the integrity of the network upgrade.

The network upgrade and hard fork is scheduled to occur at block 32,367,400 at 10:00 AM on February 26, 2024. Despite this significant development, trading activities involving tokens on the Ronin network will not be affected during this period.

Binance assures users that all technical requirements regarding the network upgrade and Hard Fork will be met by the exchange. This commitment aims to minimize disruptions and ensure a smooth transition for users.

Upon completion of the network upgrade and stabilization of the upgraded network, deposits and withdrawals for tokens on the Ronin network will be reopened. There will be no further announcement regarding this matter.

*This is not investment advice.