Binance to Support Neo Network Upgrade and Hard Fork

Binance, the prominent global cryptocurrency exchange, has announced its backing for the forthcoming Neo (NEO) network upgrade and hard fork.

In preparation for this transition, Binance will temporarily halt token deposits and withdrawals on the Neo network from approximately 27th of May 2024 from 08:00 onwards.

The network upgrade and hard fork are scheduled to take place at block height 5,450,000. Throughout this period, Binance will ensure a smooth process by meeting all necessary technical requirements.

Binance will handle all technical aspects of the upgrade, eliminating the need for users to take any extra steps.

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Once the network upgrade is deemed stable, deposits and withdrawals for Neo tokens will resume. No further announcements regarding service resumption will be made.

Binance advises users to plan accordingly and stay informed about the network upgrade to prevent any inconvenience.

This support for the Neo upgrade underscores Binance’s dedication to providing its users with a dependable and seamless trading experience.