Are you ready to dive into the world of cryptocurrency upgrades and hard forks? Well, get ready because Binance, one of the leading cryptocurrency exchanges, is gearing up to support the Injective (INJ) network upgrade and hard fork scheduled for August 20, 2024. This move is designed to elevate the network’s performance and security to new heights.
The upgrade is set to take place at the block height of 82,830,000 around 15:00 (UTC) on the same day. To ensure a seamless transition, Binance will temporarily suspend deposits and withdrawals of INJ tokens starting at approximately 14:00 (UTC) on August 20, 2024. But don’t worry, trading of INJ tokens will not be affected during this period as Binance will handle all technical requirements behind the scenes.
Binance has reassured users that they will manage all technical aspects related to the upgrade, so there’s no need for users to take any action. Stay updated via the platform for the latest information on when deposits and withdrawals will resume. For more information, you can also refer to the official announcement from the Injective project team.
It’s important to note that Binance reserves the right to make changes to this plan at any time, so users are advised to stay informed and exercise caution. Remember, cryptocurrency investments come with high market risks and volatility, so it’s crucial to do your own research before making any decisions.
As we support this upgrade, our goal at Extreme Investor Network is to provide you with the most up-to-date information and a seamless trading experience. Stay tuned for more updates and valuable insights into the world of cryptocurrency and blockchain!