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Cryptocurrency exchange Binance informed its users today with an announcement about an altcoin. The cryptocurrency mentioned in the announcement is Neutron (NTRN). Let’s look at the details of Binance’s announcement.
Binance Announces Neutron (NTRN) Network Upgrade
In the announcement by Binance, it was stated that from 16:30 Turkey time on May 23, 2024, deposits and withdrawals of tokens on the Neutron (NTRN) network will be suspended to support the network upgrade for the best user experience.
The network upgrade is expected to occur at block height 10,525,000, estimated to take place at 17:30 Turkey time on May 23, 2024.
Other Details Regarding the Matter
Binance informed its users that the trading of tokens on the mentioned network will not be affected. Binance also emphasized that it will meet all 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.
