4
Binance has announced that it will support the network upgrade and hard fork process on the Polygon (POL) network. According to the exchange’s statement, deposit and withdrawal operations for tokens on the Polygon network will be temporarily suspended as of March 4, 2026, at 4:00 PM.
The planned network upgrade and hard fork will take place at block height 83,756,500, or approximately at 5:00 PM on March 4, 2026. Binance stated that it has decided to suspend deposit and withdrawal transactions during this process to protect user experience and ensure a smooth technical transition.
The statement specifically emphasized that trading of tokens on the Polygon network would not be affected by this process. Users will be able to continue trading their tokens on the Binance spot market. However, transfer transactions on the network will remain closed until the upgrade is complete and the network is deemed stable.
Binance stated that all technical requirements will be met by the platform on behalf of users. Deposit and withdrawal operations will resume once the upgraded network is confirmed to be stable. It was also stated that no further announcements will be made regarding this process.
In the cryptocurrency market, network upgrades and hard forks are generally implemented to improve performance, provide security updates, or introduce new features.
*This is not investment advice.
financemagnates.com
theblock.co
