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Binance Supports Sei (SEI) and Kadena (KDA) Updates.
Binance Announces Support for Network Sei (SEI) and Kadena (KDA) Updates.
Binance, one of the world’s leading cryptocurrency exchanges, has announced its support for upcoming network upgrades and hard forks of Sei (SEI) and Kadena (KDA). According to Binance, these updates aim to provide an improved user experience and ensure the stability and security of networks.
Sei Network Upgrade (SEI) details.
The Sei Network (SEI) update is expected at block height 79,123,881, which is estimated to be around 15:00 (UTC) on 05/27/2024. To facilitate this process, Binance will suspend token deposits and withdrawals on the Sei (SEI) network starting approximately 2:00 PM (UTC) on 05-27-2024.
Kadena (KDA) Network Update Details.
The Kadena Network (KDA) upgrade and hard fork will take place at block height 4,819,246, which is expected to be around 00:00 (UTC) on 05/30/2024. Similar to the Sei update, Binance will suspend token deposits and withdrawals on the Kadena (KDA) network starting approximately 11:00 PM (UTC) on 05-29-2024.
Important notes for users
- Token trading on the Sei (SEI) and Kadena (KDA) networks will not be affected during update periods.
- Binance will manage all technical requirements for users, ensuring a seamless transition during network upgrades.
- Token deposits and withdrawals on the aforementioned networks will resume once the stability of the updated networks is confirmed. No further communications will be made regarding the resumption.
- Users are advised to refer to the original English article for more accurate information, as there may be discrepancies in the translated versions.
For further details, users are encouraged to visit Binance’s official announcement page. The Binance team expresses its gratitude for the continued support from its user base.
Second Binance’s official announcementThese updates are critical to maintaining network performance and providing a superior user experience.
Additional context
This announcement follows a series of strategic moves by Binance to support the evolving needs of diverse blockchain networks. Binance’s proactive attitude in facilitating network upgrades underlines its commitment to maintaining a robust and secure trading environment. As the blockchain ecosystem continues to grow, such upgrades are vital to ensure that network infrastructures keep up with technological advancements and user demands.
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