Binance Announces Ethereum Network (ETH) Wallet Maintenance

According
to

Binance,
the
leading
cryptocurrency
exchange
will
perform
wallet
maintenance
for
the
Ethereum
network
(ETH)
on
2024-05-29.
The
maintenance
is
scheduled
to
commence
at
07:00
(UTC)
and
is
expected
to
last
approximately
two
hours.

Impact
on
Deposits
and
Withdrawals

To
facilitate
the
wallet
maintenance,
Binance
announced
that
deposits
and
withdrawals
on
the
Ethereum
network
(ETH)
will
be
temporarily
suspended
starting
from
06:55
(UTC)
on
the
same
day.
Operations
will
resume
once
the
maintenance
is
complete
and
the
network
is
deemed
stable.

Trading
Unaffected

It
is
important
to
highlight
that
the
trading
of
ETH
and
other
tokens
on
the
Ethereum
network
will
not
be
impacted
during
the
maintenance
period.
Binance
has
assured
users
that
all
technical
requirements
involved
in
the
maintenance
will
be
handled
by
their
team.

Key
Points

• The
  maintenance
  will
  start
  at
  07:00
  (UTC)
  on
  2024-05-29
  and
  is
  expected
  to
  last
  around
  two
  hours.
• Deposits
  and
  withdrawals
  for
  ETH
  will
  be
  suspended
  from
  06:55
  (UTC).
• Trading
  of
  ETH
  and
  other
  tokens
  on
  the
  network
  will
  not
  be
  impacted.
• All
  technical
  requirements
  will
  be
  managed
  by
  Binance.
• Deposits
  and
  withdrawals
  will
  resume
  once
  the
  network
  is
  stable
  without
  further
  announcements.

Users
are
advised
to
plan
their
transactions
accordingly
and
to
keep
an
eye
on
Binance’s
official
announcements
for
any
updates.
This
maintenance
is
a
part
of
Binance’s
ongoing
commitment
to
providing
a
secure
and
reliable
trading
environment
for
its
users.

Image
source:
Shutterstock

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