Binance has officially announced its support for the upcoming network upgrade of SEI (SEI). This strategic decision underscores Binance’s commitment to providing a secure and efficient trading environment, ensuring that its users benefit from the latest advancements in blockchain technology.
Details of the Upgrade
The SEI network upgrade is scheduled to take place on July 10, 2024, at 10:00 (UTC). During this period, Binance will temporarily suspend deposits and withdrawals of SEI to ensure the upgrade process is completed smoothly and without any interruptions. Trading of SEI on the platform will continue as usual during the network upgrade.
Impact on Users
Binance assures its users that their SEI holdings will not be affected by the upgrade. The temporary suspension of deposits and withdrawals is a precautionary measure to ensure the integrity and security of users’ assets. Once the upgrade is successfully completed, deposits and withdrawals will be resumed promptly.
Commitment to Innovation
This upgrade is part of SEI’s ongoing efforts to enhance its network capabilities, improve transaction efficiency, and provide a better overall user experience. By supporting this upgrade, Binance reaffirms its dedication to integrating the latest technological improvements and maintaining a robust trading platform.
Important Reminders
Users are advised to take note of the upgrade schedule and make any necessary arrangements to avoid inconveniences. Binance’s support team is available to address any questions or concerns related to this upgrade.
For further details, users can visit the official Binance announcement page or contact Binance support.
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