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Exchanges

Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hardfork of This Altcoin!

NBTCBy NBTC26/05/2024No Comments2 Mins Read

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Binance, the leading global cryptocurrency exchange, announced support for the upcoming Neo (NEO) network upgrade and Hardfork.

Binance Will Support Neo (NEO) Network Upgrade and Hard Fork

To facilitate this transition, Binance will temporarily suspend token deposits and withdrawals on the Neo network starting approximately 27-05-2024 08:00.

The network upgrade and hard fork is planned to occur at block height 5,450,000. During this period, Binance will ensure a smooth and efficient process for its users by ensuring that all technical requirements are met.

Important Details:

Uninterrupted Trading: Token trading on the Neo network will continue without any interruption during the upgrade and hard fork.

Technical Management: Binance will manage all technical aspects of the upgrade, ensuring that users do not need to take any additional action.

Services Resumption: Deposits and withdrawals for Neo tokens will be reopened once the network upgrade is confirmed to be stable. There will be no further announcements regarding the reopening of services.

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

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

*This is not investment advice.

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NBTC

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