Binance Will Support the VeChain (VET) Network Upgrade & Hard Fork

Fellow Binancians,

Binance will support the VeChain (VET) network upgrade & hard fork.

• The VeChain network upgrade & hard fork will take place at VeChain mainnet block height of 9,254,300, or at approximately 2021-06-07 08:00 (UTC). Deposits and withdrawals of VET will be suspended starting from approximately 2021-06-07 07:00 (UTC).

Please note:

• The trading of VET will not be affected during the upgrade.
• The VeChain network upgrade & hard fork will take place at VeChain mainnet block height of 9,254,300. The estimated time is for users’ reference only and is subject to change depending on block propagation times.
• Binance will handle all technical requirements involved for all users holding VET in their Binance accounts.
• The VET network upgrade & hard fork will not result in new tokens being created.
• We will reopen deposits and withdrawals for VET once we deem the upgraded network to be stable, and we will not notify users in a further announcement.

For more information on the network upgrade & hard fork, please refer to the following:

• VeChain thor v1.5.0 release

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team
2021-06-04

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.