Cardano (ADA) Withdrawals on Binance Might Be Temporarily Suspended at These Two Times
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Top cryptocurrency exchange Binance has voiced support for the Vasil hard fork, which will occur in two waves, at epochs 365 and 366, respectively.
According to the notice, the Vasil network upgrade will occur at epoch 365, or around Sept. 22, at 9:45 p.m. (UTC). It says that ADA withdrawals and deposits will be suspended one hour earlier. The network upgrade for the Plutus V2 Cost Model will happen at epoch 366, or roughly on Sept. 27 at 9:45 p.m. (UTC). In this case, beginning around Sept. 27 at 8:45 p.m UTC, ADA deposits and withdrawals will be suspended. When Binance determines that the upgraded network is stable, it says it will reopen deposits and withdrawals for ADA. Meanwhile, ADA trading will not be affected during the network upgrade and hard fork. Binance.US, the American subsidiary of crypto exchange Binance, has also indicated support for Cardano's Vasil hard fork. On Vasil launch day, the exchange announced it would momentarily suspend deposits and withdrawals.
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