At Extreme Investor Network, we strive to bring you the latest updates and insights in the world of cryptocurrency and blockchain technology. Today, we are excited to share news about Binance’s support for the upcoming network upgrades and hard forks of MultiversX (EGLD) and Ronin (RON).
Binance, a leading cryptocurrency exchange, has announced its commitment to ensuring a seamless user experience during these significant updates. This move not only demonstrates Binance’s dedication to its users but also highlights the importance of staying informed about changes in the crypto landscape.
MultiversX (EGLD) Network Upgrade:
The MultiversX (EGLD) network upgrade is scheduled to take place on 2024-07-02 at 16:20 (UTC). To prepare for this upgrade, Binance will temporarily suspend deposits and withdrawals of tokens on the MultiversX (EGLD) network starting from 15:20 (UTC) on the same day. However, trading of EGLD tokens will remain unaffected during this period, ensuring continuous access to the market.
Ronin (RON) Network Upgrade and Hard Fork:
Similarly, the Ronin (RON) network upgrade and hard fork are scheduled to occur at a block height of 36,052,600, around 2024-07-03 at 07:00 (UTC). In anticipation of this event, Binance will halt deposits and withdrawals of tokens on the Ronin (RON) network starting from 06:00 (UTC) on the upgrade day. Just like with the MultiversX upgrade, trading of RON tokens will continue as usual, allowing traders to seize opportunities in the market.
Important Notes:
Binance has reassured users that their trading activities on the affected networks will not be impacted. The exchange will handle all technical requirements related to the upgrades and will resume deposits and withdrawals once the networks are stable. Users can rely on Binance to provide a seamless experience throughout this process without the need for further announcements regarding service reopening.
We encourage users to stay vigilant against potential inaccuracies in translated versions of the announcement. For the most reliable and up-to-date information, please refer to the original English version. To delve deeper into the specifics of these upgrades, you can find the official announcement on Binance’s website.
Stay tuned for more updates and valuable insights on cryptocurrency and blockchain technology from Extreme Investor Network. Join us as we navigate the ever-evolving world of digital assets together.