Binance Suspends MANTA Deposits and Withdrawals for Network Upgrade and Hard Fork

IconCryptoNewsTerminal Staff18 Sep, 2024

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Binance Suspends MANTA Deposits and Withdrawals for Network Upgrade and Hard Fork

Binance, the world's largest cryptocurrency exchange, announced the suspension of MANTA deposits and withdrawals on its platform to support the upcoming network upgrade and hard fork. This suspension will take effect from 06:00 AM (Korean Standard Time) on September 20th. The suspension is a precautionary measure to ensure the smooth transition of the MANTA network during the upgrade and hard fork. Binance will closely monitor the situation and resume MANTA deposits and withdrawals as soon as it is deemed safe to do so. Users are advised to make necessary arrangements before the suspension takes effect. Binance recommends that users deposit their MANTA tokens to their Binance accounts before the suspension to avoid any potential delays. The MANTA network upgrade and hard fork are expected to bring significant improvements to the platform. The upgrade will introduce new features and enhancements, while the hard fork will address any existing issues or vulnerabilities. Binance's support for the MANTA network upgrade and hard fork demonstrates its commitment to providing a safe and reliable trading platform for its users. The exchange will continue to monitor the situation and provide updates as they become available.