🚨🚨 Important Binance Announcement Regarding All Users: Details
#Binance is scheduled to undergo a system upgrade on April 23-24, potentially causing disruptions to various services, including trading and user logins.
The exchange routinely updates its platform, with recent additions including new trading options and loans, while halting others and introducing new assets.
Next Week's Potential Disruptions
Binance, the world's largest cryptocurrency exchange, will be conducting a planned system upgrade from April 23 to April 24 to enhance overall system performance and stability. The company has cautioned users about potential inconveniences during transactions via the official website or mobile application.
"The affected services encompass new user registrations, user logins, trading services, etc.," stated the company. "This includes, but is not limited to," they added.
However, Binance reassured users that all funds will remain secure during the upgrade and services will resume once the upgrade is completed.
It's important to note that Binance has indicated there will be no further announcements regarding the upgrade, advising users to exercise caution with information found online.
Previous Binance Announcements
Aside from regular system upgrades, Binance continuously adjusts its trading options to align with market trends and enhance user experience.
Earlier this year, the exchange discontinued services with Monero (XMR) and three other altcoins – Aragon (ANT), Multichain (MULTI), and Vai (VAI).
In October, Binance expanded trading options for Mexican traders by launching the USDT/MXN pair. Additionally, it introduced 18 new loanable assets, including popular meme coins like dogwifhat (WIF) and #pepe (PEPE).
The latest updates include ARB/USDC and NEO/USDC perpetual contracts with up to 50 times leverage, while FIL/USDC allows up to 75 times leverage.
