Leading global cryptocurrency exchange Binance has announced support for the upcoming network upgrades and hardforks for Terra (LUNA), Kadena (KDA), and Sei (SEI).
Network Upgrades for Terra, Kadena, and Sei
Binance has announced details regarding the network upgrades, including scheduled times and block heights: 1. Terra (LUNA) network upgrade and hardfork are scheduled at block height 14,154,000, on February 4, 2025, at 19:00. Deposits and withdrawals will be suspended from 18:00. 2. Kadena (KDA) network upgrade and hardfork will occur at block height 5,555,698, on February 5, 2025, at 03:00, with deposits and withdrawals suspended from 02:00. 3. Sei (SEI) network upgrade is set for block height 129,965,597, on February 5, 2025, at 18:00. Deposits and withdrawals will be suspended from 17:00.
Effects on Binance Users
Binance has confirmed that trading of LUNA, KDA, and SEI tokens will not be affected during the network upgrades. Users will be able to continue buying, selling, and exchanging these digital assets uninterrupted.
Technical Aspects of Upgrades
Binance will handle all technical requirements regarding the upgrades on behalf of its users, eliminating the need for traders or investors to perform any manual operations.
Therefore, Binance ensures convenience and continuity of service for its users during crucial blockchain updates.
