Binance Announces Support for Sei (SEI) and Kadena (KDA) Network Upgrades
Binance, one of the world’s leading cryptocurrency exchanges, announced support for the upcoming network upgrade and hard fork of Sei (SEI) and Kadena (KDA). According to Binance, these upgrades aim to provide improved user experience and ensure the stability and security of the network.
Sei (SEI) Network Upgrade Details
The Sei (SEI) network upgrade is scheduled to take place at block height 79,123,881, estimated around 2024-05-27 15:00 (UTC). To facilitate this process, Binance will suspend token deposits and withdrawals on the Sei (SEI) network from approximately 2024-05-27 14:00 (UTC).
Kadena (KDA) Network Upgrade Details
The Kadena (KDA) network upgrade and hard fork is scheduled to take place at block height 4,819,246, which is expected to occur around 2024-05-30 00:00 (UTC). Similar to the Sei upgrade, Binance will suspend token deposits and withdrawals on the Kadena (KDA) network from approximately 2024-05-29 23:00 (UTC).
Important Notes for Users
- Token trading on the Sei (SEI) and Kadena (KDA) networks will not be affected during the upgrade period.
- Binance will manage all of users’ technical requirements, ensuring a smooth transition during network upgrades.
- Token deposits and withdrawals on the aforementioned networks will resume once the stability of the upgraded network is confirmed. There will be no further announcement regarding reopening.
- There may be differences in translated versions, so we recommend that you refer to the original English article for the most accurate information.
For more information, please visit the official Binance announcement page. The Binance team would like to thank our user base for their continued support.
According to Binance’s official announcement, these upgrades are critical to maintaining network performance and providing a good user experience.
Additional context
This announcement follows a series of strategic moves by Binance to support the evolving needs of various blockchain networks. Binance’s proactive stance in promoting network upgrades highlights its commitment to maintaining a strong and secure trading environment. As the blockchain ecosystem continues to grow, these upgrades are essential to ensure the network infrastructure keeps pace with technological advancements and user needs.
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