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Binance to Pause Polygon Network Deposits and Withdrawals

Binance to Pause Polygon Network Deposits and Withdrawals

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by Jacob Williams

41 minutes ago


Binance has announced a temporary suspension of deposits and withdrawals for assets on the Polygon network, set to take place on December 9 at 11:00 AM. This measure is part of a planned upgrade aimed at enhancing network security and performance, and according to the официальной информации, users are advised to take necessary precautions during this period.

Polygon Upgrade Announcement

During the upgrade, trading on Polygon markets will remain unaffected, allowing users to continue their trading activities without interruption.

Deposits and Withdrawals

Binance assures that deposits and withdrawals will resume automatically once the Polygon network demonstrates stability post-upgrade.

Stay Informed

Users are encouraged to stay informed about the developments to ensure a smooth experience.

In a recent update, Binance's former CEO CZ will not return to the company amid ongoing US regulatory scrutiny. This decision contrasts with Binance's current focus on enhancing its network security, as detailed in the announcement about the Polygon upgrade. For more information, see read more.

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