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