Binance has announced its support for the upcoming aelf (ELF) network upgrade, which is scheduled to occur at block height 248,832,789, approximately on December 25, 2024, at 10:00 UTC. To facilitate the upgrade and ensure a seamless experience for users, Binance will temporarily suspend deposits and withdrawals of tokens on the aelf network starting from 9:00 UTC on the same day.
Key Details of the Upgrade:
Impact on Trading: The trading of aelf tokens (ELF) will remain unaffected during the upgrade process.
Technical Handling: Binance will manage all technical aspects of the upgrade, requiring no action from users.
Resumption of Services: Deposits and withdrawals will resume once Binance ensures the upgraded network’s stability. No additional announcement will be made regarding the reopening.
