Cryptocurrency exchange Binance today made an announcement regarding an altcoin, informing its users. The cryptocurrency mentioned in the announcement is Stacks (STX). Let’s look at the details of the announcement made by Binance.
Binance Cryptocurrency Exchange Announces Stacks (STX) Update
In the statement made by Binance, it was indicated that starting from 15:00 on April 22, 2024, Turkey time, deposit and withdrawal transactions of the cryptocurrency Stacks (STX) tokens will be suspended to support the network upgrade and hard fork, aiming to provide the best user experience.
The network upgrade and hard fork are expected to occur on April 22, 2024, at the Bitcoin block height of 840,360.
Other Related Details Announced
Cryptocurrency exchange Binance informed its users about other details, stating 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. Deposit and withdrawal operations for tokens on the mentioned network will be reopened once the upgraded network is considered stable. Additionally, no further announcements will be published.