Crypto investors, get ready: Binance, a leading cryptocurrency exchange, is fully supporting the upcoming IOTA network upgrade (the “Rebased” hard fork), scheduled for May 5, 2025. IOTA’s protocol will gain radical new features—full decentralization, 50K+ transactions-per-second speed, sub-second finality, Layer-1 MoveVM smart contracts, and 10–15% staking APY. #Binance announced it will suspend IOTA deposits and withdrawals at 06:00 UTC on May 5 to support the upgrade. Trading on Binance is not affected, and all technical steps will be handled by Binance behind the scenes.
Upgrade Highlights
Full Decentralization: ~150 validators make IOTA one of the most distributed networks.
Extreme Performance: 50,000+ TPS and <1s finality for real-time, large-scale use.
Smart Contracts & Staking: Native MoveVM L1 contracts plus 10–15% APY staking rewards unlock new crypto earning potential.
Low Fees: Adaptive fees with burning and an IOTA Gas Station mean microtransactions with minimal costs.
Binance Ecosystem Benefits
Seamless Trading: Binance keeps IOTA markets running during the upgrade.
Auto-Update: Deposits and withdrawals resume automatically once the network stabilizes.
Earn Rewards: Stake IOTA in #Binance Earn or flexible Savings after the upgrade to capture the new staking yields.
Robust Platform: Benefit from Binance’s top-tier security, deep liquidity, advanced tools, and 24/7 support for crypto investors.
Stay ahead of the curve with #Binance . Follow Binance’s announcements for updates on IOTA Rebased and other #CryptoUpgrade news. Join us in celebrating the next chapter of blockchain innovation, powered by the Binance ecosystem.
