Blockchain
Binance Announces IRISnet Network (IRIS) Upgrade Support.
Binance will support the IRISnet network upgrade
Leading cryptocurrency exchange, Binance, has announced its decision to support the upcoming network upgrade of IRISnet (IRIS). Support will begin at approximately 04:30 (UTC) on May 20, 2024. During this period, Binance will suspend token deposits and withdrawals on the IRISnet network to ensure a seamless transition and the best user experience.
Update details
The network upgrade is scheduled for block height of 25,006,118, or approximately 05:30 (UTC) on May 20, 2024. Token trading on the network will not be affected during this update. Binance has assured that it will handle all technical requirements for all users. Token deposits and withdrawals on the network will be reopened once the updated network is deemed stable. No further announcements are expected to be made after this one.
Reference and support
For further information, users are advised to refer to announcement by the project team. Binance appreciated the continued support from its users and also urged them to trade on the go with the Binance cryptocurrency trading app (iOS/Android).
Disclaimer
Binance reserves the right, in its sole discretion, to modify or cancel this announcement at any time and for any reason without notice. It is also important to note that digital asset prices are subject to high market risk and price volatility. Binance is not responsible for any losses that may occur. Past performance is not a reliable indicator of future performance. Users are advised to carefully consider their investment experience, financial situation, investment objectives and risk tolerance and to consult an independent financial advisor before making any investment. This material should not be construed as financial advice. For more information, users can check Binance Terms of use AND Risk warning.
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