Binance to Support Flow (FLOW) Network Upgrade and Hard Fork

Binance,
the
leading
cryptocurrency
exchange,
has
announced
its
support
for
the
upcoming
Flow
(FLOW)
network
upgrade
and
hard
fork.
According
to
Binance,
the
upgrade
is
scheduled
to
commence
on
September
4,
2024,
at
12:00
UTC.

Details
of
the
Upgrade

To
facilitate
the
upgrade,
Binance
will
suspend
deposits
and
withdrawals
of
Flow
(FLOW)
tokens
starting
at
approximately
11:00
UTC
on
the
same
day.
However,
trading
of
FLOW
tokens
will
remain
unaffected
during
this
period.
Binance
assures
users
that
it
will
handle
all
technical
requirements
related
to
the
upgrade.

Resumption
of
Services

Once
the
upgraded
network
is
deemed
stable,
deposits
and
withdrawals
will
be
reopened.
Binance
has
indicated
that
no
further
announcement
will
be
made
regarding
the
resumption
of
these
services.

Important
Notes

• The
  trading
  of
  Flow
  (FLOW)
  tokens
  will
  continue
  as
  usual
  during
  the
  upgrade.
• Binance
  will
  manage
  all
  technical
  aspects
  of
  the
  upgrade
  for
  its
  users.
• There
  may
  be
  discrepancies
  in
  translated
  versions
  of
  the
  announcement;
  the
  English
  version
  remains
  the
  most
  accurate.

For
more
detailed
information,
users
are
advised
to
refer
to
the
official
announcement
from
the
project
team

here.

This
network
upgrade
and
hard
fork
are
part
of
Flow’s
ongoing
efforts
to
enhance
network
performance
and
user
experience.
The
blockchain,
known
for
its
scalability
and
developer-friendly
environment,
aims
to
continue
its
trajectory
of
growth
and
innovation.

Binance’s
support
for
the
Flow
network
upgrade
underscores
its
commitment
to
providing
a
seamless
and
secure
trading
experience
for
its
users.
The
exchange
has
a
history
of
supporting
similar
upgrades
and
forks,
ensuring
that
users’
assets
remain
safe
and
their
trading
experience
is
uninterrupted.

Image
source:
Shutterstock