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Binance System Upgrade Notice (2020/04/25)

Binance System Upgrade Notice (2020/04/25)

2020-04-23 13:25

Fellow Binancians,

Binance will perform a scheduled system upgrade starting at 2020/04/25 02:00 AM (UTC). The upgrade will take approximately 4 hours. 

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

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

Users will have a 30 minute window after the upgrade is complete to cancel orders, process deposits, withdrawals, and use all other account related functions before trading resumes.

Major improvements in this upgrade include:

  • New API endpoint allowing users to delete all open orders on a certain symbol
  • Orders can now be cancelled through the API during a BREAK or HALT status.

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 4 hour 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

2020/04/23

 

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