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Binance, one of the world’s leading cryptocurrency exchanges, announced that it will support the Celo (CELO) network upgrade and hard fork process, which will take place on July 9, 2025.
Binance Will Support Celo (CELO) Network Upgrade and Hard Fork
According to the statement made by Binance, in order to support the network upgrade, deposits and withdrawals of all tokens on the CELO network will be temporarily suspended as of 17:00 on July 9, 2025. The network upgrade and hard fork are expected to occur around 18:00.
During the upgrade process, trading of tokens on the CELO network will not be affected, and users will be able to continue their transactions without interruption. Binance will manage the process with its own infrastructure without requiring users to perform any technical operations.
Transactions Will Reopen Depending on the Network
Deposits and withdrawals will be reopened once the upgraded network is verified to be stable. Binance said it will not make any further announcements regarding the resumption of operations.
This development represents a significant technical milestone for the Celo community, while ensuring a smooth and secure transition for Binance users.
*This is not investment advice.
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