Binance Announces Support for Manta (MANTA) Network Upgrade and Hard Fork

Binance Announces Support for Manta (MANTA) Network Upgrade and Hard Fork

Caroline Bishop
Sep 19, 2024 04:44

Binance announces support for the Manta (MANTA) network upgrade and hard fork, suspending deposits and withdrawals on 2024-09-19.

Binance to Support Manta (MANTA) Network Upgrade and Hard Fork

Binance, a leading cryptocurrency exchange, has announced its support for the upcoming Manta (MANTA) network upgrade and hard fork. The upgrade is scheduled to take place on September 19, 2024, at approximately 22:00 (UTC).

Details of the Network Upgrade

Beginning at around 21:00 (UTC) on the same day, Binance will temporarily halt deposits and withdrawals of tokens on the Manta network to facilitate the upgrade and hard fork. However, token trading on the Manta network will continue unaffected during this period.

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Binance has reassured its users that it will handle all technical aspects related to the upgrade. Deposits and withdrawals will resume once the network stabilizes, without the need for a separate announcement.

Impact on Users

Binance has outlined key points for its users:

  • Trading of Manta network tokens will not be affected.
  • Binance will manage all technical requirements on behalf of users.
  • Deposits and withdrawals will reopen once the network is stable.

Users are advised to monitor the official Binance announcement for the latest updates and information.

Additional Information

It’s important to be aware that there may be variations in translated versions of the announcement. Users are encouraged to refer to the English version for the most accurate details.

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The Manta network upgrade forms part of ongoing initiatives to enhance network performance and security. This step aims to improve user experience and maintain a robust and efficient network.

Binance has also issued a disclaimer regarding the volatility and risks associated with digital asset investments, recommending users to make informed choices and seek advice from financial experts if needed.

Image source: Shutterstock

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