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Exchanges

Bitcoin Exchange Binance Announces It Will Support This Altcoin’s Network Upgrade! Here Are the Details

NBTCBy NBTC08/01/2025No Comments1 Min Read

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Binance has announced its full support for the upcoming Dymension (DYM) network upgrade and announced that it will ensure a seamless experience for its users throughout the process.

Binance to Support Dymension (DYM) Network Upgrade

Basic Details of the Upgrade

Suspension of Deposits and Withdrawals:

Starting at 15:00 on January 6, 2025, Binance will suspend deposits and withdrawals of DYM tokens to facilitate the upgrade.

Planned Upgrade Time:

The network upgrade will occur at block height 5,135,550, approximately 16:00 on January 6, 2025.

Trading of DYM tokens will continue as usual and will not be affected by the upgrade. Binance will manage all technical requirements on behalf of users, ensuring a smooth transition.

Resumption of Services:

Deposits and withdrawals for DYM tokens will resume once the network upgrade is deemed stable. Binance will not be making a separate announcement regarding the reopening of these services.

This upgrade highlights Binance’s commitment to providing a reliable platform for users while supporting the technological advancements of blockchain networks like Dymension.

For more details, you can visit Binance’s official announcements page.

*This is not investment advice.

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NBTC

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