Zach Anderson Nov 21, 2024 05:35 Binance announces support for Kava (KAVA) network upgrade, suspending deposits and withdrawals temporarily. Trading remains unaffected during the upgrade process.
Binance, a major cryptocurrency exchange, has announced its support for the upcoming Kava (KAVA) network upgrade. This upgrade will result in the temporary suspension of deposits and withdrawals on the Kava network.
The network upgrade is set to occur at block height 12,766,500, which is estimated to be around 15:00 UTC on November 21, 2024. Binance will be suspending deposits and withdrawals on KAVA starting at 14:00 UTC on the same day.
During this period, trading of KAVA tokens will not be affected on Binance. The exchange will handle all the technical requirements for the upgrade to ensure a smooth transition for its users.
After the upgrade, Binance will be monitoring the upgraded network and resume deposits and withdrawals once the network is deemed stable. However, no further announcements will be made regarding the reopening of these services.
Please note that this announcement is originally written in English. Any discrepancies between different language versions should be referred back to the English version for accuracy.
For more details on the upgrade, please refer to the official announcement from the Kava project team.
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