$BTC

#TradeStories Binance will support the eCash (XEC) network upgrade and hard fork on May 15, 2025. To facilitate this upgrade, Binance will temporarily suspend XEC deposits and withdrawals starting at approximately 11:00 UTC on May 15.

*Key Details:*

- *Network Upgrade*: The upgrade aims to enhance the network's performance and reliability.

- *Hard Fork*: A significant change to the protocol that will make the network more scalable, secure, and efficient.

- *Temporary Suspension*: Deposits and withdrawals will be suspended until the upgrade is completed.¹ ²

*What to Do:*

- *Check Binance's Website*: Stay updated on the latest information regarding the upgrade and suspension timeline.

- *Plan Transactions*: Avoid making XEC transactions around the suspension period to prevent potential issues.

- *Ensure Wallet Compatibility*: Verify that your wallet supports the upgraded network to avoid any compatibility problems.

The eCash network utilizes the Avalanche consensus algorithm, enabling instant transaction finality, greater flexibility, and unmatched security. If you have any concerns or questions, feel free to ask.³