BINANCE WILL SUSPEND THE DEPOSIT AND WITHDRAWAL OF DIGITAL ASSETS IN THE ETHEREUM NETWORK TO SUPPORT THE UPDATE
In an official statement on the exchange's website, it is stated that in preparation for the update, Binance will temporarily suspend the deposit and withdrawal of digital assets in the Ethereum network starting from 06:00 UTC, as this is necessary to ensure a smooth transition of exchange services.
At the same time, trading of ether and related assets will remain available to users throughout the update period. Binance assured that the exchange will take care of all technical aspects related to this process to minimize inconvenience for users.
In addition, the Binance team reminded users of the upcoming scheduled technical maintenance of wallets, which will affect several other networks, including Arbitrum, Optimism, and Polygon. As a result, from May 8, starting at 07:00 UTC, the deposit and withdrawal of funds on these blockchains will be temporarily suspended.