Cryptocurrency exchange Binance has announced support for the upcoming Arweave (AR ($16.06)) and MultiversX (EGLD ($29.97)) network upgrades and hardforks to ensure a seamless user experience.
Binance Will Support Arweave (AR) and MultiversX (EGLD) Network Upgrades and Hard Forks
Arweave (AR) Network Upgrade and Hard Fork
- Planned Block Height: 1,602,350
- Estimated Time: February 3, 2025, 17:00
- Suspension of Deposits and Withdrawals: February 3, 2025, 16:00
MultiversX (EGLD) Network Upgrade
- Planned Period: 1650
- Estimated Time: February 4, 2025, 18:30
- Suspension of Deposits and Withdrawals: February 4, 2025, 17:30
Important Notes for Users
- AR and EGLD trading will not be affected during the upgrades.
- Binance will manage all technical aspects of the upgrades on behalf of users.
- Deposits and withdrawals will resume without further notice once the networks are confirmed stable.
These network upgrades are expected to enhance the functionality and security of both blockchains and reinforce Binance’s commitment to providing uninterrupted service.
*This is not investment advice.
Continue Reading: Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Altcoins!
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