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Bitcoin Exchange Binance Announces That It Will Support Network Upgrades and Hard Forks of These Altcoins!

source-logo  en.bitcoinsistemi.com 12 March 2024 08:15, UTC
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Binance, one of the world's leading cryptocurrency exchanges, announced that it supports upcoming Optimism (OP) and Arbitrum ($ARB) network upgrades and Hard Forks in order to provide the best user experience.

Binance Announces Support for Optimism (OP) and Arbitrum ($ARB) Network Upgrades and Hard Forks

The Optimism (OP) network upgrade and Hard Fork is scheduled to occur at approximately 03:00 on March 14, 2024, at block height 1,710,374,401.

To facilitate a smooth transition, Binance will temporarily suspend token deposits and withdrawals on the Optimism (OP) network starting at 02:00 on March 13, 2024.

Similarly, the Arbitrum ($ARB) network upgrade and Hard Fork is scheduled to occur on March 14, 2024 at 12:00 PM.

In preparation for this event, Binance will suspend token deposits and withdrawals on the Arbitrum ($ARB) network starting approximately March 14, 2024, at 11:00 AM.

It is important to note that token trading on both the Optimism (OP) and Arbitrum ($ARB) networks will not be affected during these upgrades and Hard Forks.

Binance assures its users that it will manage all technical requirements to ensure a smooth transition.

Upon completion of the upgrades, Binance will reopen deposits and withdrawals for tokens on the Optimism (OP) and Arbitrum ($ARB) networks once the upgraded networks are deemed stable and operational.

These network upgrades represent a significant step forward for both the Optimism and Arbitrum ecosystems, and Binance's support underscores its commitment to facilitating the adoption and growth of these technologies within the cryptocurrency community.

*This is not investment advice.

en.bitcoinsistemi.com