Binance Halts ZEN Deposits and Withdrawals for Network Upgrade

IconCryptoNewsTerminal Staff01 Sep, 2024

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Binance Halts ZEN Deposits and Withdrawals for Network Upgrade

Binance, the leading cryptocurrency exchange, has announced the suspension of ZEN deposits and withdrawals on September 12, 4 PM (KST). This decision is made to facilitate the Horizon (ZEN) network upgrade. The suspension will allow the network to implement necessary changes and ensure a smooth upgrade process. Binance advises users to refrain from making ZEN deposits or withdrawals during this period to avoid any potential inconvenience. The exchange will resume ZEN services once the upgrade is complete and the network is stable. Binance encourages users to stay informed about the progress of the upgrade through official channels.