Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will fully support the upcoming update of the MultiversX (EGLD) blockchain. This update aims to make the ecosystem more efficient, providing a better experience to its users.
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Binance announced that it will temporarily suspend the deposit and withdrawal of MultiversX (EGLD) tokens prior to the update, which will commence on February 13, 2024, at 18:05 local time. The update is expected to be completed around 19:05 the same day.
During this process, MultiversX (EGLD) token trading activities will not be interrupted and will continue smoothly during the update.
Once the update process is successfully completed and the network becomes stable, the token deposit and withdrawal operations will be immediately activated and users can return to their normal trading activities.
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