Binance to support Neutron and Optimism network upgrades and hard forks
Binance to support Neutron and Optimism network upgrades and hard forks
Binance, the world's leading cryptocurrency exchange, is preparing to support significant network upgrades for Neutron and Optimism. The Neutron (NTRN) and Optimism (OP) network upgrades and hard forks are scheduled to occur soon, and Binance is ensuring that its platform is fully compatible with these changes.
The (NTRN) network upgrade will take place at block level 12,255,555, or at approximately 14:30 (UTC) on July 10, 2024. Binance will halt token deposits and withdrawals on the Neutron (NTRN) network at approximately 13:30 (UTC) on July 10, 2024.
The Optimism (OP) network upgrade and hard fork will take place at approximately 16:00 (UTC) on July 10, 2024. Binance will stop token deposits and withdrawals on the Optimism (OP) network at approximately 15:00 (UTC) on July 10, 2024.
Binance has assured its users that the platform will handle all technical requirements related to these upgrades. Deposits and withdrawals for Neutron and Optimism will be temporarily suspended during the upgrade process to ensure the safety of users' funds. However, trading of NTRN and OP will not be affected.
Users are advised to monitor Binance's official announcements for exact timings and further details on the upgrade process. These actions represent ongoing efforts by blockchain projects to improve their technology and provide a better experience for their users.
Binance's support of improvements underscores the exchange's commitment to staying at the forefront of technological advancements in the cryptocurrency space. As blockchain technology continues to evolve, exchanges like Binance play a critical role in facilitating these upgrades and ensuring that users benefit from improved performance and security.
Looking ahead, the successful implementation of these upgrades could pave the way for further innovative developments in the DeFi and blockchain space. Investors and users of Neutron and Optimism can expect improved functionality and efficiency, contributing to the overall growth and adoption of these platforms.
