CandleFocus Binance Suspends EOS Transactions for Upgrade
2024-09-20
Author: Content Editor
Cryptocurrency exchange Binance has announced that the EOS network will undergo a scheduled upgrade and hard fork on September 25, 2024. As a result, Binance will temporarily halt deposit and withdrawal services on the EOS network to facilitate a smoother process. The upgrade aims to enhance transaction safety and improve overall user experience. During the upgrade, trading activities on the EOS network will not be affected. Binance will closely oversee the upgrade and users are assured that their assets will remain secure. After the upgrade is complete, Binance will resume deposit and withdrawal services, although the exact timeline for this is unspecified. Binance highlights the importance of regular maintenance and upgrades for the functioning of blockchain networks and advises users to stay updated with their announcements for any temporary changes.
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