Leading global cryptocurrency exchange Binance has announced support for the upcoming network upgrades and hardforks for Terra (LUNA ($0.07)), Kadena (KDA ($0.56)), and Sei (SEI).
Binance Will Support Network Upgrades and Hardforks of Terra (LUNA), Kadena (KDA), and Sei (SEI)
This move is part of Binance’s ongoing commitment to providing a seamless user experience during critical blockchain updates.
Basic Details of Network Upgrades
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Terra (LUNA) Network Upgrade and Hardfork
- Block Height: 14,154,000
- Scheduled Time: February 4, 2025, 19:00
- Impact: Deposits and withdrawals will be suspended from 18:00, one hour before the upgrade.
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Kadena (KDA) Network Upgrade and Hardfork
- Block Height: 5,555,698
- Scheduled Time: February 5, 2025, 03:00
- Impact: Deposits and withdrawals will be suspended starting at 02:00 on February 5, one hour before the upgrade.
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Sei (SEI) Network Upgrade
- Block Height: 129,965,597
- Scheduled Time: February 5, 2025, 18:00
- Impact: Deposits and withdrawals will be suspended from 17:00, one hour before the upgrade.
Binance has confirmed that trading of LUNA, KDA, and SEI tokens will not be affected during the network upgrades, allowing users to continue to buy, sell, and exchange these digital assets without interruption.
Additionally, Binance will handle all technical requirements regarding the upgrades on behalf of its users, eliminating the need for traders or investors to perform any manual operations.
*This is not investment advice.
Continue Reading: Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Three Altcoins!