Caroline Bishop
Sep 19, 2024 04:44
Binance announces support for the Manta (MANTA) network upgrade and hard fork, suspending deposits and withdrawals on 2024-09-19.
Binance, a leading cryptocurrency exchange, has announced its support for the upcoming Manta (MANTA) network upgrade and hard fork. According to Binance, the upgrade is scheduled to occur on September 19, 2024, at approximately 22:00 (UTC).
Details of the Network Upgrade
Starting at around 21:00 (UTC) on the same day, Binance will suspend both deposits and withdrawals of tokens on the Manta network to facilitate the upgrade and hard fork. The trading of tokens on the Manta network, however, will remain unaffected during this period.
Binance has assured its users that it will manage all technical requirements associated with the upgrade. Deposits and withdrawals will resume once the network is considered stable, without the need for a separate announcement.
Impact on Users
Binance has highlighted several key points for its users:
- Trading of Manta network tokens will not be impacted.
- Binance will handle all technical requirements for users.
- Deposits and withdrawals will reopen once the network is stable.
Users are advised to monitor the official Binance announcement for the latest updates and information.
Additional Information
It is important to note that there may be discrepancies in translated versions of the announcement. Users are encouraged to refer to the English version for the most accurate information.
The Manta network upgrade is part of its ongoing efforts to improve network performance and security. This move is expected to enhance user experience and ensure the network remains robust and efficient.
Binance has also issued a disclaimer regarding the volatility and risks associated with digital asset investments, advising users to make informed decisions and consult financial advisers if necessary.
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