CandleFocus

Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade and Hardfork

Binance will support the network upgrade and hard fork for Firo (FIRO) starting on September 16, 2024. During the upgrade, token deposits and withdrawals on the Firo network will be temporarily suspended to ensure a smooth transition. The upgrade includes stopping future halvings for FIRO tokens, resulting in a token supply of 21.4 million in the next 5 to 6 years. Trading of Firo tokens on Binance will not be affected, and the exchange will handle all technical aspects on behalf of its users. Deposits and withdrawals will resume once the network upgrade is stable, and users are advised to review Firo's updated tokenomics for more details.

Related News