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Binance, one of the world's leading cryptocurrency exchanges, announced that it has suspended deposits and withdrawals for certain tokens in order to ensure the best user experience and support the upcoming Ethereum network upgrade and Hard Fork.
Binance Will Support Ethereum Network Upgrade and Hard Fork
Effective approximately March 13, 2024, at 16:25, Binance operates the Ethereum (ETH) network, as well as Arbitrum (ARB), Optimism (OP), zkSync Era, Base Protocol (BASE), Manta Network (MANTA), Starknet. It will temporarily suspend deposits and withdrawals on some other associated networks, such as (STRK) and Polygon (MATIC).
The network upgrade and Hard Fork is scheduled to occur on approximately March 13, 2024, at 16:55.
Despite the temporary suspension of deposits and withdrawals, trading activities for the affected tokens will not be affected on Binance's platform.
Binance assures users that it will fulfill all necessary technical requirements during this period and ensure a smooth transition for all participants.
Following the network upgrade and Hard Fork, deposits and withdrawals for affected tokens will resume once the upgraded network stabilizes. There will be no further announcement regarding the reopening of deposits and withdrawals.
*This is not investment advice.