- Cryptocurrency exchange Binance announced that it provides full support for the network upgrade and Hard Fork of DASH.
Binance, one of the world’s leading cryptocurrency exchanges, officially announced that it supports the upcoming Dash (DASH) network upgrade and Hard Fork.
This important development will take place on December 14, 2023 at 21:00 at a block height of 1,987,776.
Binance Will Support Dash (DASH) Network Upgrade and Hard Fork
As part of the upgrade process, Binance will temporarily suspend deposits and withdrawals of DASH tokens on the Dash network. The suspension is expected to begin around 20:00 on December 14, 2023.
See Also: Rainbow Web3 Wallet Introduces Reward System For Ethereum Enthusiasts
Temporary suspension of deposits and withdrawals is standard practice during network upgrades and hard forks.
Related News Binance Announced the Addition of Many Altcoin Trading Pairs to its Futures Trading Platform!
This application allows the cryptocurrency exchange to implement the necessary changes and updates to comply with the new features and improvements brought by the network upgrade.
Hard forks and network upgrades are common occurrences in the blockchain and cryptocurrency world. These serve as mechanisms used to make improvements, deliver new features, and address potential vulnerabilities.
Once the upgraded Dash network is now stable, Binance will reopen deposits and withdrawals for DASH tokens.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.