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Binance System Upgrade Notice (2020/02/09)

Binance System Upgrade Notice (2020/02/09)

2020-02-08 02:29

Fellow Binancians,

Binance will perform a scheduled system upgrade starting at 2020/02/09 02:00 AM (UTC). The upgrade will take approximately 30 mins, with trading estimated to resume 30 minutes later at 03:00 AM (UTC). Users will be able to use this 30 minute window to cancel orders, process deposits, withdrawals, and use all other account related functions before trading resumes. We will not make a further announcement for when trading starts.

During the initial 30 minute upgrade period. Binance will suspend deposits, withdrawals, spot and margin trading, P2P trading, lending & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts and fiat wallets. 

Please note that trading on Binance Futures will continue unaffected during the upgrade period.

Major improvements in this upgrade include:

  • Matching Engine performance improvements

Note:

  • It is recommended that users with open Futures or Margin positions re-assess their collateral balances prior to the start of the upgrade to mitigate against price fluctuations that may occur during the upgrade period.
  • The 30 minute upgrade time is based on our best estimates and may vary. As usual, we will maintain regular communication on the progress of the upgrade on our various social media channels.

We apologize for any inconvenience caused, and thank you for your patience.

Thanks for your support!

Binance Team

2020/02/08

 

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