Bitcoin Exchange Binance Announces It Will Support the Upgrade and Hard Fork of This Altcoin! Here Are the Details

Binance also announced that it will manage all the necessary technical requirements for the Base network upgrade and hard fork on behalf of users. Therefore, users will not need to perform any technical actions related to the upgrade.

Network upgrades and hard forks can be implemented in blockchain networks to update the technical infrastructure, introduce new features, or modify existing protocol rules.

Binance will await an assessment of the Base network’s stability following the completion of the upgrade. Once the network is determined to be stable, token deposits and withdrawals on the Base network will be reopened.

The exchange also stated that no separate announcement would be issued regarding the resumption of deposit and withdrawal services.

*This is not investment advice.