#TradingMistakes101 Binance to Suspend Stratis Network Transactions for Upgrade

AI Summary

According to the announcement from Binance, starting on 2025-06-11 at 10:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Stratis (STRAX) network. This suspension is to facilitate a network upgrade and hard fork, aimed at enhancing user experience. The upgrade is scheduled to occur at block height 2,587,200, approximately at 2025-06-11 11:00 (UTC).

The trading of tokens on the Stratis network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is confirmed to be stable post-upgrade, deposits and withdrawals will be reopened. No additional announcements will be made regarding the reopening of these services. Users are encouraged to stay informed through official channels for any updates related to the network's stability and functionality