Darius Baru
24 Jul 2024 09:48
Binance has announced support for the Conflux (CFX) network upgrade and hard fork and stated that deposits and withdrawals will be suspended on August 13, 2024.
Leading cryptocurrency exchange Binance has announced support for the upcoming Conflux (CFX) network upgrade and hard fork. According to Binance, the upgrade is scheduled to occur on August 13, 2024 at 05:30 (UTC).
Network Upgrade Details
To facilitate the network upgrade and hard fork, Binance will temporarily suspend token deposits and withdrawals on the Conflux (CFX) network. The upgrade will occur at block height 247,480,000. However, token trading on the Conflux network will not be affected during this period.
Technical Support and User Impact
Binance assured users that it will handle all technical requirements related to the network upgrade. Deposits and withdrawals will resume once the upgraded network is deemed stable. Binance stated that there will be no further announcement regarding the resumption of these services.
Important Considerations
- Token trading on the Conflux network is not affected.
- Binance handles all technical aspects for all users.
- Deposits and withdrawals will resume without further notice once the network stabilizes.
- Users are advised to refer to the original English version of the notice for the most accurate information.
For more details, please refer to the official announcement from the Conflux project team here.
This action is part of Binance’s ongoing efforts to support network upgrades and ensure the best user experience. The exchange reserves the right to amend or cancel this notice at any time without prior notice.
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