Binance, one of the world's largest cryptocurrency exchanges, has officially announced its decision to support upcoming network upgrades and Hard Forks for Zilliqa ($ZIL) and Sei ($SEI).
Binance Supports Zilliqa ($ZIL) and Sei ($SEI) Network Upgrades
This move aims to provide users with a smooth and secure experience during these critical updates.
Zilliqa ($ZIL) Network Upgrade:
The Zilliqa ($ZIL) network is scheduled to undergo an upgrade and Hard Fork on January 3, 2024 at 12:00 PM.
In preparation for this, Binance will temporarily suspend deposits and withdrawals of Zilliqa ($ZIL) tokens starting at approximately 11:00 AM on January 3, 2024.
Importantly, trading of Zilliqa ($ZIL) tokens on the Binance platform will continue without any interruption during this period.
Sei ($SEI) Network Upgrade:
The Sei ($SEI) network will experience an upgrade around 20:00 on January 3, 2024, at a block height of 49,519,931.
Similar to the Zilliqa upgrade, Binance will halt deposits and withdrawals of Sei ($SEI) tokens starting at approximately 19:00 on January 3, 2024.
Trading of Sei ($SEI) tokens on the Binance exchange will not be affected and will continue as usual.
*This is not investment advice.
decrypt.co