Binance Halts Deposits and Withdrawals for ATOM and KDA Network Upgrades
CryptoNewsTerminal Staff19 Aug, 2024
Binance Halts Deposits and Withdrawals for ATOM and KDA Network Upgrades
Binance, the world's leading cryptocurrency exchange, has announced the temporary suspension of deposits and withdrawals for Cosmos (ATOM) and Kadena (KDA) due to scheduled network upgrades. The suspension for ATOM will commence on August 21 at 09:30 PM KST (Korea Standard Time), while the suspension for KDA will begin on August 22 at 8:00 AM KST. Binance expects the suspensions to be lifted once the network upgrades are complete. During the suspension period, users will not be able to deposit or withdraw ATOM or KDA from Binance. However, trading of these assets will continue to be available. Binance recommends that users plan their transactions accordingly and apologize for any inconvenience this may cause.
