Binance, a leading cryptocurrency exchange, has announced a temporary suspension of IOTA (MIOTA) deposits and withdrawals. This maintenance is scheduled to begin on May 5th at 15:00 (Korean time). Why the Suspension? The suspension is to facilitate essential network upgrades and a subsequent hard fork of the IOTA network. These upgrades are crucial for improving network performance, security, and overall functionality. Binance is committed to supporting these upgrades to ensure a smooth transition for its users. What Happens Next? Trading of IOTA will not be affected during this period. Users can continue to trade MIOTA on the Binance platform as usual. Binance will monitor the upgrade process closely and will re-enable deposits and withdrawals once the network is deemed stable and secure. An official announcement will be made when IOTA deposits and withdrawals are resumed. Stay Informed Binance encourages users to stay updated through their official announcement channels for the latest information regarding the IOTA network upgrade and the resumption of deposit and withdrawal services. ```