Cryptocurrency exchange Binance made an announcement today regarding an altcoin to inform its users. The cryptocurrency mentioned in the announcement is aelf (ELF). Let’s look into the details of Binance’s announcement.
Binance Announces aelf (ELF) Network Upgrade
In the announcement by Binance, it was stated that from 12:00 PM Turkey time on May 23, 2024, deposits and withdrawals of tokens on the aelf (ELF) network will be suspended to support the network upgrade for the best user experience.
The network upgrade is expected to occur at block height 212,193,783, approximately at 1:00 PM Turkey time on May 23, 2024.
What Details Were Provided?
The leading cryptocurrency exchange Binance informed its users that trading of tokens on the mentioned network will not be affected.
Binance also emphasized that it will meet all relevant technical requirements for all users. Deposits and withdrawals for tokens on the mentioned network will reopen once the upgraded network is deemed stable. No further announcement will be made.
