Binance Announces Support for Optimism Network Upgrade and Hard Fork
Binance supports the Optimism network upgrade and hard fork scheduled for January 2025.
Deposit and withdrawal operations will temporarily pause during the upgrade.
Trading of tokens will continue without interruption during the upgrade process.
The cryptocurrency exchange Binance has announced its support for the network upgrade and hard fork planned for the Optimism (OP) network. Starting from January 9, 2025, at 20:00 (UTC+3), the deposit and withdrawal operations for tokens associated with the Optimism network will be temporarily suspended. Binance stated that it will take necessary steps to ensure the best experience for its users during this process.
Scheduled Upgrade and Hard Fork Date for Optimism
The upgrade will commence on January 9, 2025, at 21:00 (UTC+3). Binance will ensure that all technical requirements are provided so that users can carry out transactions without interruption during this process.
Only deposit and withdrawal operations will be affected during the hard fork, while trading related to the tokens will continue without interruption. These deposit and withdrawal operations will resume once the network stabilizes. Binance will provide all necessary technical support during this period to ensure transaction security for its users.
Trading Operations and Deposit-Withdrawal Process
Binance did not indicate that trading operations involving the relevant tokens would be affected after the upgrade on the Optimism network. Consequently, users should be aware that trading on the Optimism network will remain uninterrupted.
Deposit and withdrawal operations will be temporarily halted, and they will become active again once the network stabilizes. Binance also noted that there would be no additional announcements following the completion of the network upgrade.