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Binance announced support for the upcoming Polygon (POL) network upgrade and hard fork scheduled for July 29, 2026. During the upgrade, deposits and withdrawals via the Polygon network will be temporarily suspended, while trading will continue as usual.
Binance has officially announced support for the upcoming Polygon (POL) network upgrade and hard fork, scheduled to take place at block height 50,185,000 on July 29, 2026. To facilitate this process, the broker will temporarily suspend deposits and withdrawals via the Polygon network starting at approximately 13:00 UTC on the same day, while trading for Polygon tokens on the platform will remain unaffected.
Binance has specified that all technical aspects of the upgrade will be managed on behalf of users and that no user action is required. Services for deposits and withdrawals will reopen once network stability is confirmed, with no additional announcements expected at that time. Users are advised to refer to the English version of the notice for the most accurate information, and Binance reserves the right to amend or cancel the details as needed.
Binance is a major cryptocurrency exchange headquartered in Hong Kong, recognized for its high trading volumes, liquidity, and proprietary BNB Coin that enables reduced commission fees. The platform offers enhanced asset security through a proprietary cold wallet, but users should be aware of the complex verification process and a detailed commission and rewards system. For more information, refer to the Binance broker profile on Traders Union: broker profile on Traders Union.
For more context on Binance's recent developments, see our earlier news about Binance, which covered the platform’s growing bStocks segment and highlighted a rise in new user participation and asset offerings.