Binance Alerts Users: Ethereum Deposits Paused and Major Delistings Ahead

The company will delist 10 margin trading and 12 spot trading pairs on October 30. The world’s largest cryptocurrency exchange will briefly suspend some important services on the Ethereum (ETH) network this week. It will also remove several trading pairs that no longer meet the required standards. Here’s everything users should know. The Upcoming Disruption Binance will perform wallet maintenance on the ETH network on October 28, and deposits and withdrawals on that blockchain will be temporarily unavailable during the process. The effort is scheduled to take about one hour, after which operations will resume. As usual, the company assured that token trading on the network will not be affected and promised to handle all user-related technical requirements. “Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted,” the announcement reads. Binance has performed many similar wallet maintenance events this year, with no reports of issues or user complaints. In August, it temporarily paused transfers on the Ethereum network, while prior to that, it briefly suspended TRX ...