Today, the world's largest cryptocurrency exchange by trading volume, Binance, has made a significant announcement. In its latest update, Binance revealed its support for network upgrades for IoTeX (IOTX) and Optimism (OP) altcoins.
Projects backed by Binance often witness bullish movements, and this announcement further solidifies their stance. Here's a summary of Binance's recent announcement:
"Binance is set to support the network upgrades and hard forks for IoTeX (IOTX) and Optimism (OP) to ensure the best user experience. The IoTeX (IOTX) network upgrade and hard fork are scheduled to occur at block height 28,516,681, or approximately at 03:58 AM (GMT) on February 19, 2024. Starting from approximately 03:00 AM (GMT) on February 19, 2024, Binance will suspend deposits and withdrawals for IoTeX (IOTX) tokens.
The Optimism (OP) network upgrade and hard fork will take place at 03:00 AM (GMT) on February 22, 2024. Binance will suspend deposits and withdrawals for Optimism (OP) tokens starting from approximately 02:00 AM (GMT) on February 22, 2024.
Trading of tokens on the mentioned networks will remain unaffected. Binance will ensure to meet all technical requirements for its users. Deposits and withdrawals for the tokens on the mentioned networks will be reopened once the upgraded networks are deemed stable. No further announcements will be made." Stay tuned for further developments!
Projects backed by Binance often witness bullish movements, and this announcement further solidifies their stance. Here's a summary of Binance's recent announcement:
"Binance is set to support the network upgrades and hard forks for IoTeX (IOTX) and Optimism (OP) to ensure the best user experience. The IoTeX (IOTX) network upgrade and hard fork are scheduled to occur at block height 28,516,681, or approximately at 03:58 AM (GMT) on February 19, 2024. Starting from approximately 03:00 AM (GMT) on February 19, 2024, Binance will suspend deposits and withdrawals for IoTeX (IOTX) tokens.
The Optimism (OP) network upgrade and hard fork will take place at 03:00 AM (GMT) on February 22, 2024. Binance will suspend deposits and withdrawals for Optimism (OP) tokens starting from approximately 02:00 AM (GMT) on February 22, 2024.
Trading of tokens on the mentioned networks will remain unaffected. Binance will ensure to meet all technical requirements for its users. Deposits and withdrawals for the tokens on the mentioned networks will be reopened once the upgraded networks are deemed stable. No further announcements will be made." Stay tuned for further developments!
