Binance will temporarily suspend deposits and withdrawals of Kadena Token (KDA) from 6 PM on July 23, 2025, to perform network upgrades and hard fork.
This upgrade aims to enhance the efficiency and security of the Kadena ecosystem, while requiring a temporary halt in Token trading on Binance during the upgrade.
MAIN CONTENT
Binance will suspend deposits and withdrawals of KDA from 6 PM VN time on July 23, 2025.
Kadena will perform network upgrades and hard fork at 7 PM VN time on the same day.
The goal of the upgrade is to enhance performance and security for Kadena.
When will Binance suspend the deposit and withdrawal services for Kadena Token (KDA)?
Binance will stop allowing deposits and withdrawals of KDA at 6 PM on July 23, 2025, Vietnam time, to support the upgrade process of the Kadena network.
The official information released by Binance indicates that the service suspension is necessary to synchronize with the upgrade and hard fork of Kadena, ensuring the system operates smoothly and minimizing risks.
When is the upgrade and hard fork of Kadena expected to occur?
The upgrade and hard fork of Kadena are expected to take place at 7 PM on July 23, 2025, Vietnam time.
This event marks a significant development step to improve the performance of Kadena's blockchain, supporting new features and enhancing resistance to cyber attacks. A hard fork is a protocol change operation that often requires cooperation from the community and stakeholders such as exchanges.
The upgrade and hard fork of Kadena aim to achieve higher stability and security for the network, laying the foundation for more robust development of decentralized applications.
Kadena project representative, 2025
Why is the temporary suspension of KDA transactions on Binance necessary during the network upgrade?
The temporary suspension of deposits and withdrawals of Tokens helps avoid technical risks arising from data discrepancies as nodes prepare to run the new hard fork version.
Experience from many major blockchain upgrades shows that close cooperation between the project and the exchange is crucial to minimizing technical errors, protecting users, and maintaining safe liquidity.
The cooperation between the exchange and the blockchain project plays a crucial role in enhancing user experience and minimizing negative impacts during the network update.
Sarah Johnson, CEO of a blockchain consulting firm, 2024
What should Kadena users on Binance keep in mind during the upgrade?
Users should complete Token deposit and withdrawal transactions before 6 PM on July 23, 2025, VN time, and follow official announcements from Binance to update the operational status after the upgrade.
Early preparation and adherence to the service suspension time are recommended to avoid losses or interruptions in cryptocurrency transactions.
Frequently Asked Questions
When will I be unable to deposit/withdraw KDA on Binance?
From 6 PM on July 23, 2025, Vietnam time, until the Kadena project completes the upgrade, the KDA deposit and withdrawal services on Binance will be temporarily suspended.
Why does Kadena need to perform a hard fork?
The hard fork helps update the protocol, enhance security, and expand features, helping the Kadena network to develop sustainably.
What do users need to do before the upgrade takes place?
Complete all KDA transactions before the suspension time on Binance, and follow official information to avoid the risk of losing Tokens.
Will the Kadena upgrade have an immediate impact on personal wallets?
The upgrade does not affect personal wallets if users do not perform transactions during the service suspension.
When will Binance reopen KDA deposit/withdrawal services after the upgrade?
Binance will officially announce when the upgrade is completed and continue to support KDA deposits and withdrawals to ensure user safety.
Source: https://tintucbitcoin.com/kadena-kda-nang-cap-binance-ho-tro/
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