Fellow Binancians,
Binance will support the Cardano (ADA) network upgrade and hard fork, which will take place in two phases.
- The Vasil network upgrade and hard fork will take place at epoch 365, or approximately at 2022-09-22 21:45 (UTC). Deposits and withdrawals of ADA will be suspended starting from approximately 2022-09-22 20:45 (UTC).
- The Plutus V2 Cost Model network upgrade will take place at epoch 366, or approximately at 2022-09-27 21:45 (UTC). Deposits and withdrawals of ADA will be suspended starting from approximately 2022-09-27 20:45 (UTC).
Please note:
- The trading of ADA will not be affected during the network upgrade and hard fork.
- The Cardano (ADA) network upgrade and hard fork will take place in two phases, at epoch 365 and epoch 366 respectively. The estimated timings are for users’ reference only.
- Binance will handle all technical requirements involved for all users holding ADA in their Binance accounts.
- The Cardano (ADA) network upgrade and hard fork will not result in new tokens being created.
- We will reopen deposits and withdrawals for ADA once we deem the upgraded network to be stable, and we will not notify users in a further announcement.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
For more information on the network upgrade and hard fork, please refer to the following:
Thanks for your support!
Binance Team
2022-09-22
Find us on
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance
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.
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.