Binance, one of the world’s leading cryptocurrency exchanges, has announced support for the upcoming network upgrades and hard forks of MultiversX (EGLD) and Ronin (RON). According to Binance, this move aims to ensure a smooth user experience during these important updates.
MultiversX (EGLD) Network Upgrade
The MultiversX (EGLD) network upgrade is scheduled to occur at approximately 2024-07-02 16:20 (UTC). In preparation for the upgrade, Binance will suspend deposits and withdrawals of tokens on the MultiversX (EGLD) network starting from 2024-07-02 15:20 (UTC). Trading of EGLD tokens will not be affected during this period.
Ronin (RON) Network Upgrade and Hard Fork
Ronin (RON) network upgrade and hard fork is in progress. Block Height 36,052,600, or around 2024-07-03 07:00 (UTC). Therefore, Binance will suspend deposits and withdrawals of tokens on the Ronin (RON) network starting from 2024-07-03 06:00 (UTC). As with the MultiversX upgrade, RON token trading will continue without interruption.
Important Note
Binance has assured users that there will be no impact on trading activities on the aforementioned networks. The exchange will manage all technical requirements related to the upgrade. Deposits and withdrawals will resume once the upgraded network is deemed stable. Binance will not make any further announcements regarding the resumption of these services.
Users are advised to be aware of potential inconsistencies in translated versions of the Notice. Users should refer to the original English version for the most accurate and up-to-date information.
For more details, please check the official announcement on the Binance website.
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