Cryptocurrency exchange Binance is supporting the upcoming Zilliqa network upgrade scheduled for September 24, 2025. This will involve a temporary suspension of ZIL deposits and withdrawals, while trading will proceed uninterrupted.
What Does the Zilliqa Update Involve?
The Zilliqa network update and hard fork are expected to commence at approximately 21:00 Turkish Standard Time on September 24, 2025, as the blockchain reaches block height 10,153,271. Binance will oversee all technical measures related to this process, ensuring that no action is required from users.
Will User Transactions be Affected?
Binance has assured users that trading for ZIL coins will flow uninterrupted during the update. Only deposits and withdrawals of ZIL coins will face a temporary suspension, limiting these specific transactions for users during this timeframe.
Conclusions and Recommendations for Users
Binance management has emphasized that while trading will remain stable, both deposit and withdrawal functions are expected to become fully operational after the network upgrade is complete. "Through this process, our priority is to ensure that trading continues seamlessly for our users," a Binance representative stated.
Thus, the systematic suspension of specific transactions highlights Binance's commitment to maintaining a smooth trading environment even amid significant network upgrades.