Binance has announced that it will temporarily suspend deposits and withdrawals on the Dymension (DYM) network due to an upgrade on January 6, 2025. This is being done to improve the user experience. However, DYM coin trading will not be affected by this process and will continue uninterrupted.
Once the upgrade is complete and the network is stable, deposits and withdrawals will be reactivated. Binance stated that it will support the upgrade of the Dymension network during this period and all technical requirements will be fully met.
During the upgrade, the stability of the network will be ensured, and after the security is confirmed, the relevant transactions will be resumed. Binance announced that there will be no additional announcements regarding this process, and all users can trade normally.
Focus on User Experience
In the statements made by Binance, it was emphasized that the main purpose of this network upgrade is to improve the user experience. Due to the dynamic nature of the cryptocurrency market, such network upgrades are frequently made and Binance carries out these improvements by undertaking technical processes for its users. After the upgrade, the functionality of the protocol will be increased and all necessary measures will be taken for users to be able to trade without interruption.
During the upgrade, DYM coin trading will not be affected, but deposits and withdrawals on the network will have to wait until the upgrade is complete. Binance’s sensitivity in this process once again reinforces the exchange’s reliability.