.James Ding.Sep 09, 2024 05:35.Binance reveals the revocation of ENJ token down payments and withdrawals for a network upgrade on September 9, 2024. Exchanging activities will continue to be unaffected.
Binance, some of the world's leading cryptocurrency exchanges, has actually revealed its support for the upcoming Enjin Piece (ENJ) network upgrade. According to Binance, the upgrade will certainly warrant the momentary revocation of down payments and withdrawals for ENJ tokens starting from September 9, 2024, at 12:00 (UTC).Information of the Network Upgrade.The system upgrade is arranged to occur at the block height of 6,678,271, which is assumed to be reached around 13:00 (UTC) on the very same time. Binance has ensured its own consumers that investing activities for ENJ gifts are going to certainly not be influenced during this time period. The swap will take care of all technical requirements related to the upgrade, ensuring a smooth process for its own customers.Effect on Customers.While deposits and also drawbacks will certainly be momentarily put on hold, Binance has confirmed that these services are going to resume as soon as the network is considered steady post-upgrade. Customers are actually urged that no further announcements will be actually made pertaining to the reopening of down payments and withdrawals.Binance additionally highlighted that there could be inconsistencies in equated versions of the statement and also suggested pertaining to the initial English version for the most accurate details. For even more information, users can check out the official statement coming from the Enjin task group.Broader Circumstance.This statement comes among a set of network upgrades and also progressions within the blockchain environment. Enjin Coin, recognized for its own pay attention to blockchain-based games as well as NFTs, has actually been actually proactively dealing with improving its own system capabilities. The upcoming upgrade is expected to carry improved performance and also extra components to the Enjin ecological community.As the cryptocurrency market remains to grow, exchanges like Binance participate in an essential role in assisting in hassle-free transitions during network upgrades. By taking care of the technical aspects and also guaranteeing low interruption to exchanging activities, Binance assists preserve market security and user self-confidence.Users are actually motivated to keep updated along with main news coming from each Binance and also the Enjin job group to guarantee they are well-informed about the upgrade procedure as well as any possible impacts on their exchanging activities.Image source: Shutterstock.