Binance Will Support the Klaytn (KLAY) Network Upgrade
Binance will support the Klaytn (KLAY) network upgrade.
- The Klaytn (KLAY) network upgrade will take place at the Klaytn block height of 99,841,497, or approximately at 2022-08-29 02:00 (UTC). Deposits and withdrawals for KLAY will be suspended approximately from 2022-08-29 01:00 (UTC).
- The trading of KLAY will not be affected during the network upgrade.
- The Klaytn (KLAY) network upgrade will take place at the Klaytn block height of 99,841,497. The estimated time is for users’ reference only.
- Binance will handle all technical requirements involved for all users holding KLAY in their Binance accounts.
- We will reopen deposits and withdrawals for KLAY once we deem the upgraded network to be stable, and we will not notify users in a further announcement.
- The network upgrade will introduce a dynamic gas calculation mechanism to the Klaytn (KLAY) network, and 50% of the gas fees will be burned.
For more information on the network upgrade, please refer to the following:
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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.