Binance to Support Neutron (NTRN) Network Upgrade
Terrill Dicki May 16, 2024 05:20
Binance announced its support for the Neutron (NTRN) network upgrade, suspending token deposits and withdrawals temporarily.
Binance Announces Support for Neutron (NTRN) Network Upgrade
Global cryptocurrency exchange platform, Binance, has announced its support for the upcoming Neutron (NTRN) network upgrade. According to the company's official announcement, the move will see the suspension of token deposits and withdrawals on the Neutron network, beginning from approximately 2024-05-23 13:30 (UTC).
Upgrade Details and User Impact
The network upgrade is set to take place at the block height of 10,525,000, which is estimated to occur at around 2024-05-23 14:30 (UTC). The suspension of deposits and withdrawals is a necessary step to ensure the best user experience during the upgrade.
However, the impact on users will be minimal. Trading of tokens on the Neutron network will not be affected during this period. Furthermore, Binance will handle all technical requirements, ensuring a seamless transition for all users. Once the upgraded network is deemed stable, deposits and withdrawals for tokens on the Neutron network will be reopened.
Additional Information
For more detailed information about the network upgrade, users can refer to the project team's announcement.
As one of the leading cryptocurrency exchange platforms, Binance's support for the Neutron network upgrade demonstrates its commitment to providing the best user experience and staying abreast of developments within the cryptocurrency sector.
Disclaimer
Digital asset prices are subject to high market risk and price volatility. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see Binance's Terms of Use and Risk Warning.
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