#BinanceAlphaAlert
Binance to Temporarily Suspend FIL Deposits & Withdrawals for Filecoin V25 Upgrade
Everything You Need to Know About the April 14 Filecoin Network Upgrade on Binance
On April 14, 2025, starting at 22:00 UTC, Binance will pause Filecoin (FIL) deposits and withdrawals to support Filecoin’s V25 network upgrade. During this window, all FIL trading pairs remain fully operational, so you can continue to buy, sell, and trade without interruption .
The Filecoin V25 upgrade is scheduled to activate at block height 4,878,840, which is expected around 23:00 UTC on the same day. This precise timing ensures a smooth transition and minimal downtime for the network .
Why It Matters
Filecoin’s V25 (Teep) upgrade brings several key improvements to the network, including a streamlined termination fee model for storage providers, enhanced Ethereum compatibility via the FEVM, and the activation of Fast Finality (F3) for quicker transaction confirmations. These enhancements boost overall performance, reliability, and scalability for both storage providers and decentralized applications .
What You Need to Know
Deposits & Withdrawals: Suspended from 22:00 UTC on April 14 until the network is deemed stable. No manual action is required—Binance will reopen services automatically once the upgrade is complete .
Trading: All FIL trading pairs (e.g., FIL/USDC) remain live and unaffected throughout the maintenance window .
Stability Monitoring: Binance’s team will closely monitor the upgraded network. Once stability is confirmed, deposits and withdrawals will resume—no further announcements will be necessary .
Tips for a Smooth Experience
Set a Reminder: Mark your calendar for April 14 at 22:00 UTC so you know when deposits and withdrawals will be unavailable.
Plan Ahead: If you need to move FIL on or off Binance, do so before the maintenance window begins.
Stay Informed: Follow Binance’s official announcements for real‑time updates and refer to the original English version to avoid discrepancies .