Binance has announced its full support for the upcoming Ardor (ARDR) network upgrade and hard fork, ensuring a smooth transition for users throughout the process.
**Binance Will Support Ardor (ARDR) Network Upgrade and Hard Fork**
**Key Details**
Suspension of Deposits and Withdrawals: Binance will suspend deposits and withdrawals for all tokens on the Ardor network starting approximately 15:00 on 01-12-2024.
Upgrade Schedule: The network upgrade and hard fork will occur at block height 3,700,000, expected around 16:00 on 01-12-2024.
**Impact on Users**
Trading: Trading of ARDR and other tokens on the network will remain unaffected throughout the upgrade process.
Technical Management: Binance will manage all technical requirements on behalf of its users.
Service Restart: Deposits and withdrawals will be reopened once the upgraded network is deemed stable.
There will be no additional announcement when services resume, so users are advised to monitor their accounts for updates.
This move underscores Binance’s commitment to providing uninterrupted service and supporting developments in blockchain technology.
*This is not investment advice.*
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Binance, the Bitcoin exchange, declares its backing for network upgrade and hard fork of a particular altcoin!
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