Binance Supports Sei (SEI) and Kadena (KDA) Upgrades

Binance
Announces
Support
for
Sei
(SEI)
and
Kadena
(KDA)
Network
Upgrades

Binance,
one
of
the
world’s
leading
cryptocurrency
exchanges,
has
announced
its
support
for
the
upcoming
network
upgrades
and
hard
forks
of
Sei
(SEI)
and
Kadena
(KDA).
According
to
Binance,
these
upgrades
are
aimed
at
providing
an
enhanced
user
experience
and
ensuring
the
stability
and
security
of
the
networks.

Sei
(SEI)
Network
Upgrade
Details

The
Sei
(SEI)
network
upgrade
is
scheduled
to
occur
at
the
block
height
of
79,123,881,
which
is
estimated
to
be
around
2024-05-27
15:00
(UTC).
To
facilitate
this
process,
Binance
will
suspend
the
deposits
and
withdrawals
of
tokens
on
the
Sei
(SEI)
network
starting
from
approximately
2024-05-27
14:00
(UTC).

Kadena
(KDA)
Network
Upgrade
Details

The
Kadena
(KDA)
network
upgrade
and
hard
fork
will
take
place
at
the
block
height
of
4,819,246,
which
is
expected
to
be
around
2024-05-30
00:00
(UTC).
Similar
to
the
Sei
upgrade,
Binance
will
suspend
the
deposits
and
withdrawals
of
tokens
on
the
Kadena
(KDA)
network
starting
from
approximately
2024-05-29
23:00
(UTC).

Important
Notes
for
Users

• The
  trading
  of
  tokens
  on
  the
  Sei
  (SEI)
  and
  Kadena
  (KDA)
  networks
  will
  not
  be
  affected
  during
  the
  upgrade
  periods.
• Binance
  will
  manage
  all
  technical
  requirements
  for
  users,
  ensuring
  a
  seamless
  transition
  during
  the
  network
  upgrades.
• Deposits
  and
  withdrawals
  for
  tokens
  on
  the
  aforementioned
  networks
  will
  resume
  once
  the
  upgraded
  networks
  are
  confirmed
  to
  be
  stable.
  No
  further
  announcements
  will
  be
  made
  regarding
  the
  resumption.
• Users
  are
  advised
  to
  refer
  to
  the
  original
  English
  article
  for
  the
  most
  accurate
  information,
  as
  there
  may
  be
  discrepancies
  in
  translated
  versions.

For
further
details,
users
are
encouraged
to
visit
the
official
Binance
announcement
page.
The
Binance
team
extends
its
gratitude
for
the
continued
support
from
its
user
base.

According
to

Binance’s
official
announcement,
these
upgrades
are
crucial
for
maintaining
network
performance
and
providing
a
superior
user
experience.

Additional
Context

This
announcement
follows
a
series
of
strategic
moves
by
Binance
to
support
the
evolving
needs
of
different
blockchain
networks.
Binance’s
proactive
stance
in
facilitating
network
upgrades
underscores
its
commitment
to
maintaining
a
robust
and
secure
trading
environment.
As
the
blockchain
ecosystem
continues
to
grow,
such
upgrades
are
vital
for
ensuring
that
network
infrastructures
keep
pace
with
technological
advancements
and
user
demands.

Image
source:
Shutterstock

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