Binance Schedules Wallet Maintenance, Suspends Deposits and Withdrawals Temporarily

Binance Schedules Wallet Maintenance, Suspends Deposits and Withdrawals Temporarily

Binance, one of the world’s largest cryptocurrency exchanges, has announced a scheduled wallet maintenance on July 17, 2024, starting at 07:00 UTC. According to Binance, the maintenance is expected to last for approximately one hour.

Impact on Deposits and Withdrawals

During the maintenance period, deposits and withdrawals across all networks will be temporarily suspended. Binance assured users that trading activities will not be affected by this maintenance. Once the network is deemed stable, deposits and withdrawals will resume without any further announcement.

Key Points to Note

  • The trading of tokens will remain unaffected.
  • Deposits and withdrawals will be reopened post-maintenance once stability is confirmed.
  • Users are advised to refer to the original English version of the announcement for the most accurate information in case of any discrepancies in translated versions.

Binance emphasized the importance of this maintenance for ensuring the security and efficiency of its platform. Users are thanked for their patience and understanding during this brief interruption.

The announcement also included a standard disclaimer about the risks associated with digital asset trading, reminding users to make informed investment decisions and consult financial advisors as needed.

Image source: Shutterstock

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