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Binance to Suspend VET Deposits and Withdrawals Sept. 16 for VeChain Upgrade, Hard Fork

Source
Minseung Kang

Summary

  • Binance said it will temporarily suspend VET deposits and withdrawals to support the upgrade and hard fork of the VeChain (VET) network.
  • Binance said on Sept. 11 that VET deposits and withdrawals will be suspended from 7:15 p.m. Korea Standard Time on Sept. 16, and the upgrade is scheduled to take place at block height 25,902,540.
  • VET trading will remain available during the suspension, and Binance plans to resume deposits and withdrawals after the network stabilizes.

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Photo: Shutterstock
Photo: Shutterstock

Binance will temporarily suspend deposits and withdrawals of VeChain's VET token to support the network upgrade and hard fork.

Binance said on Sept. 11 that VET deposits and withdrawals will be suspended starting at 7:15 p.m. Korea Standard Time on Sept. 16. The VeChain network upgrade and hard fork are scheduled for about 8:15 p.m. that day at block height 25,902,540.

VET trading will remain available during the suspension. Deposits and withdrawals will resume once the network is stable.

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Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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