The cryptocurrency exchange Binance has announced a temporary suspension of deposit and withdrawal operations for the altcoin Kaia (KAIA). This suspension is scheduled to coincide with an impending network update and hard fork at the block height of 190,670,000. This proactive measure aims to ensure a seamless transition during the hard fork process. Trading activities for Kaia’s various trading pairs will continue uninterrupted during this period, allowing users to maintain their trading strategies and market involvement. Once the update and hard fork are completed and network stability is confirmed, deposit and withdrawal services will resume without further notice.
Update and Hard Fork Scheduled to Begin in One Hour
The update and hard fork to Kaia’s blockchain are set to commence at the block height of 190,670,000, anticipated to occur on July 17, 2025, at 04:26 AM Turkish time. Binance plans to suspend deposit and withdrawal operations on the network one hour prior to the commencement of the update and hard fork. This measure is designed to safeguard the transition process and protect user funds and activities during the critical changeover.
Binance has committed to taking on all technical requirements on behalf of its users, ensuring no manual intervention is necessary. Once network stability is verified, deposit and withdrawal operations will be automatically resumed without the need for additional announcements. This approach serves to provide peace of mind to users who rely on Binance for the safe and efficient handling of their cryptocurrency transactions.
KAIA Coin Operations Remain Uninterrupted
During the suspension of deposit and withdrawal functions, KAIA’s trading pairs will remain active, preventing any disruption in spot market pricing. This allows users to continue trading without having to alter their trading plans. By fostering continuous market activity, Binance ensures that the liquidity and dynamism of the KAIA market are preserved throughout the update process.
Binance further emphasized that it will manage the entirety of the update process through its infrastructure, ensuring user balances remain secure. As soon as the network regains stability, Binance will promptly reopen deposit and withdrawal functionalities for the KAIA network. The exchange’s readiness to efficiently handle such transitions highlights its commitment to customer service and platform reliability.
