Binance plans to delist three altcoins and temporarily suspend deposits and withdrawals for 14 networks ahead of the Ethereum hard fork.
Binance, the world's largest cryptocurrency exchange, announced that it will delist three spot trading pairs - ANIME/BNB, STRK/BTC, and THE/BTC - at 3:00 AM UTC. Binance explained that low trading volume and liquidity of these trading pairs could negatively impact user experience and market quality.
Additionally, Binance will suspend deposits and withdrawals for 14 networks starting from 9:45 AM UTC on the 7th to support the Ethereum network upgrade and hard fork. The networks being suspended include Ethereum (ETH), Arbitrum (ARB), Optimism (OP), zkSync Era (ZKSYNC), Base, Manta Network (MANTA), Starknet (STRK), Polygon (POL), Metis (METIS), Scroll (SCR), Cyber, Metal DAO (MTL), Celo (CELO), and Worldcoin (WLD).
Binance stated that it will resume deposits and withdrawals once the network upgrade is completed and stabilized. The exchange explained that this measure is intended to ensure platform stability and asset security during important blockchain events like the Ethereum upgrade.
This Ethereum hard fork aims to improve the network's core functions, and Binance's proactive measures appear to minimize potential risks and enhance user protection during the upgrade process.
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