Binance to suspend deposit and withdrawal for BNB Smart Chain temporarily on April 17
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance.
According to a recent announcement, the major crypto exchange plans to perform wallet maintenance on the BNB bnb0.15%BNB Smart Chain starting from April 17 at 06:00 UTC. As a result, the network will be down temporarily as repairs are being made. This means that users will not be able to make deposits and withdrawals for the BNB Smart Chain for the time being.
The temporarily suspension will take place five minutes before wallet maintenance is set to begin. Therefore, deposits and withdrawals for BNB Smart Chain will be paused on April 17 at 05:55 UTC.
However, Binance claimed that users will still be able to trade BNB tokens while the wallet maintenance is taking place, as token trading will not be impacted by the network suspension.
Based on information in the notice, wallet maintenance is expected to take about an hour to complete. Though, this is not a guarantee that the suspension will be lifted after an hour. Binance stated that deposits and withdrawals will resume once the network is deemed stable enough.
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