Binance announced that it will support the update and hard fork transactions in Terra (Luna), KADENA (KDA) and SEI (SEI) networks in order to ensure that its users are at least affected by their network updates. As one of the largest exchanges in the crypto currency market, Binance aims to maximize the user experience during such technical transactions. Updates to be held on all three networks will temporarily suspend the deposit and pulling of the tokens on the platform. However, these interruptions will only be valid during network updates and will have no effect on the trade of token. Under the form
Binance; Luna made an announcement for KDA
In order to maximize the user experience, Binance announced that it will support updates and hard fork transactions in Terra (Luna), KADENA (KDA) and SEI (SEI) networks. First of all, the Terra (Luna) network will perform a network update and hard fork transaction on 14.154,000 blocks, ie approximately 4 February 2025, TSI 19:00. Binance, February 4, 2025, TSI 18:00 as of 18:00 Terra (Luna) network on the tokens to suspend the deposit and pulling processes. This update performs a process that burns the difference between the Axalar Bridge account and the on-Chain Axalar assets on Terra.
On the other hand, the KADENA (KDA) network, 5,555,698 blocks height, ie February 5, 2025, TSI 03:00 will spend a network update and hard fork. Binance, February 5, 2025, TSI 02:00 as of 02:00 KADENA (KDA) on the tokens on the network will suspend the deposit and pulling processes. Within the scope of the update, Pact 5 will be added and various improvements will be made on existing systems. In addition, error messages will be developed and made more user -friendly.
There is a network update for SEI
Finally, the Sei (Seı) network will perform a network update of 129.965,597 blocks, ie approximately 5 February 2025, TSI 18:00. Binance, February 5, 2025, TSI 17:00 as of 17:00 SEI (SEI) network on the tokens to suspend the deposit and pulling processes.
Token trade on the networks mentioned in this announcement will not be affected by the above -mentioned network updates. Binance will perform the technical operations required for all users by itself and reopened after the deposit/pulling transactions are accepted that the networks are stable. There will be no other announcement about these transactions. Binance is determined to provide all the technical support for its users to have the best experience.
