Welcome to Extreme Investor Network
At Extreme Investor Network, we aim to provide you with the latest and most valuable information in the world of cryptocurrency and blockchain. Today, we bring you an exclusive update from Binance, the leading cryptocurrency exchange, regarding an upcoming wallet maintenance for the Ethereum network (ETH).

Important Wallet Maintenance Announcement
Binance has scheduled a wallet maintenance for the Ethereum network (ETH) on 2024-05-29, starting at 07:00 (UTC) and expected to last for approximately two hours. This maintenance is essential to ensure the stability and security of the network.
Impact on Deposits and Withdrawals
During the maintenance period, deposits and withdrawals on the Ethereum network (ETH) will be temporarily suspended, starting from 06:55 (UTC) on the same day. Once the maintenance is complete and the network is deemed stable, normal operations will resume.
Trading Unaffected
It is important to note that while deposits and withdrawals may be affected, the trading of ETH and other tokens on the Ethereum network will not be impacted. Binance’s team will handle all technical requirements to ensure a smooth trading experience for users.
Key Points to Remember
- The maintenance will start at 07:00 (UTC) on 2024-05-29 and is expected to last around two hours.
- Deposits and withdrawals for ETH will be suspended from 06:55 (UTC).
- Trading of ETH and other tokens on the network will not be impacted.
- All technical requirements will be managed by Binance.
- Deposits and withdrawals will resume once the network is stable without further announcements.
Users are advised to plan their transactions accordingly and stay updated on Binance’s official announcements for any changes. This maintenance is part of Binance’s ongoing commitment to providing a secure and reliable trading environment for its users.
Stay ahead of the game with Extreme Investor Network for more exclusive updates and insights in the world of cryptocurrency and blockchain.
Image source: Shutterstock