Binance, one of the largest cryptocurrency exchanges with its trading volume, made announcements about various altcoin projects in its new statements. Here are the details…
Binance supports Helium (HNT) network update
According to an announcement shared today morning, the exchange will support a new update on the Helium (HNT) network. The Helium (HNT) network upgrade will take place on May 11, 2022 at approximately 3 am. HNT deposits and withdrawals will be suspended in the evening today. HNT trading will not be affected during the network upgrade. Binance will take care of all relevant technical requirements for all users holding HNT in their Binance account. They will then reopen deposits and withdrawals for HNT once the updated network is considered stable.
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Various currency pairs are delisted
Something has surprised Ellipsis (EPS) crypto traders: EPS trading pairs from May 9, 2022 It was not available on Binance as of. Binance made an announcement regarding this change. According to the announcement made by Binance on April 22, 2022, to support the network migration, renaming and exchange of the Ellipsis (EPS) token, the exchange has delisted, i.e. delisted, all existing EPS spot trading pairs and canceled all pending EPS spot orders. Binance will now recover all EPS tokens in members’ accounts and distribute EPX, the native token of Ellipsis 2.0, which was released on April 13, 2022. An EPS holder will be allocated 88 EPX tokens.
Apart from that, the exchange announced that it will remove trading on certain trading pairs at 6 am on May 12, 2022, Turkey time. The pairs to be delisted are as follows:
- Adventure Gold (AGLD) / BNB (BNB)
- Ampleforth (AMPL) / BNB (BNB)
- Cream Finance (CREAM) ) / BNB (BNB)
- Enzyme (MLN) / BNB (BNB)
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Terra (LUNA) and Terra USD ( UST) transactions suspended
Kriptokoin.com , the exchange suspended withdrawals in Terra (LUNA) and UST coins due to accelerated withdrawals due to price volatility. According to the announcement, this was due to network slowness and testimony.