Cryptocurrency exchange Binance announced a temporary suspension of deposits and withdrawals for Kadena (KDA) on March 18, 2025, to support the network’s update and hard fork process. The suspension will begin around 2:00 AM TRT on the specified date and will conclude at a block height of 5,659,280. Binance assured users that all technical preparations will be managed by the exchange to ensure a seamless trading experience. Once the network stabilizes, Binance will resume KDA transactions.
Details of the Kadena Network Update
Kadena‘s hard fork is scheduled to take place at approximately 3:00 AM TRT on March 18, 2025. This block height-based update aims to enhance network performance and implement new protocol features. Binance highlighted its decision to suspend KDA transactions to prioritize asset security for its users.
In the cryptocurrency market, similar updates typically require user involvement in technical processes; however, Binance will handle these steps through its infrastructure. Trading for KDA coin will not be affected by the upcoming update. Deposits and withdrawals will automatically resume once the network’s stability is confirmed.
Important Reminders for Users
Binance has informed users that no actions are required before or after the update. Holding or trading of KDA coins on the exchange will remain unaffected. However, transfers via the network will not be possible during the time when deposits and withdrawals are suspended.
The cryptocurrency exchange advised users to postpone Kadena wallet transactions until the update is complete. According to the official announcement from Binance, there will be no further notifications regarding the resumption of KDA transactions.
