Binance to Support Sei (SEI) Network Upgrade, Temporarily Halts Deposits and Withdrawals

Binance, one of many main cryptocurrency exchanges, has introduced its assist for the upcoming Sei (SEI) community improve. In keeping with Binance, the improve is scheduled to begin on September 16, 2024, at roughly 15:00 (UTC). In consequence, deposits and withdrawals of tokens on the Sei (SEI) and Sei (SEI) EVM networks can be quickly suspended.

Community Improve Particulars

The Sei community improve will happen on the block top of 102,491,599, which is estimated to be round 16:00 (UTC) on the identical day. Binance has assured customers that the buying and selling of tokens on the affected networks is not going to be impacted throughout this era. The alternate will handle all technical necessities to make sure a clean transition.

Impression on Customers

Binance has clarified that the suspension of deposits and withdrawals is a precautionary measure to make sure person security and optimum efficiency throughout the improve. The providers will resume as soon as the upgraded community is deemed secure. Binance is not going to subject an extra announcement concerning the resumption of providers.

Extra Info

Binance has suggested customers to seek the advice of the unique English model of the announcement for essentially the most correct and up-to-date data. Any discrepancies in translated variations must be resolved by referring to the unique announcement.

For extra particulars, confer with the official announcement from the Binance.

The improve is a part of Sei’s ongoing efforts to reinforce community efficiency and person expertise. The Sei community, identified for its strong infrastructure and revolutionary options, goals to offer a extra environment friendly and safe blockchain setting.

Binance’s proactive method in supporting community upgrades underscores its dedication to sustaining a safe and dependable buying and selling platform for its international person base.

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