Binance to Support MultiversX (EGLD) and Ronin (RON) Network Upgrades

Binance,
one
of
the
world’s
leading
cryptocurrency
exchanges,
has
announced
its
support
for
the
upcoming
network
upgrades
and
hard
forks
of
MultiversX
(EGLD)
and
Ronin
(RON).
This
move
aims
to
ensure
a
seamless
user
experience
during
these
significant
updates,
according
to
Binance.

MultiversX
(EGLD)
Network
Upgrade

The
MultiversX
(EGLD)
network
upgrade
is
scheduled
to
occur
at
approximately
2024-07-02
16:20
(UTC).
In
preparation
for
the
upgrade,
Binance
will
suspend
deposits
and
withdrawals
of
tokens
on
the
MultiversX
(EGLD)
network
starting
from
2024-07-02
15:20
(UTC).
Trading
of
EGLD
tokens
will
not
be
affected
during
this
period.

Ronin
(RON)
Network
Upgrade
and
Hard
Fork

The
Ronin
(RON)
network
upgrade
and
hard
fork
will
take
place
at
the





block
height
of
36,052,600,
or
around
2024-07-03
07:00
(UTC).
Consequently,
Binance
will
suspend
deposits
and
withdrawals
of
tokens
on
the
Ronin
(RON)
network
from
2024-07-03
06:00
(UTC).
Similar
to
the
MultiversX
upgrade,
trading
of
RON
tokens
will
continue
without
interruption.

Important
Notes

Binance
has
assured
its
users
that
trading
activities
on
the
aforementioned
networks
will
not
be
impacted.
The
exchange
will
manage
all
technical
requirements
involved
in
the
upgrades.
Deposits
and
withdrawals
will
resume
once
the
upgraded
networks
are
deemed
stable.
Binance
will
not
issue
a
further
announcement
regarding
the
reopening
of
these
services.

Users
are
advised
to
be
aware
of
potential
discrepancies
in
translated
versions
of
the
announcement.
For
the
most
accurate
and
up-to-date
information,
users
should
refer
to
the
original
English
version.

For
more
detailed
information,
the
official
announcement
can
be
found
on

Binance’s
website.

Image
source:
Shutterstock