๐ข Heads up, Bitcoin enthusiasts! ๐ฅ Binance, the world's largest cryptocurrency exchange, has announced a brief disruption to its services. ๐ง On July 17, deposits and withdrawals for all networks will be suspended for approximately one hour due to scheduled wallet maintenance. ๐ ๏ธ
But don't panic! ๐ฑ Binance assures that cryptocurrency trading will remain unaffected during this time. ๐ The suspension is temporary and services will resume once the network is deemed stable. ๐ช
Remember, Binance won't be making further announcements on this, so take any online chatter with a grain of salt. ๐ง Earlier this year, Binance temporarily halted Solana (SOL) withdrawals due to increased transaction volume and also performed wallet maintenance on the Ethereum (ETH) network. ๐
Binance is known for its regular updates to enhance user experience. ๐ Recently, it delisted several altcoins, including BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS), causing their prices to plummet. ๐ The same happened when it terminated services with Monero (XMR), leading to a 35% price plunge. ๐ฒ
On the flip side, Binance often adds new trading pairs to keep up with market trends. ๐ Last month, it included WIF/EUR, NOT/BRL, and TRU/TRY to Binance Spot. ๐ฏ Stay tuned for more updates! ๐ก