.James Ding.Sep 09, 2024 05:35.Binance announces the suspension of ENJ token down payments and drawbacks for a network upgrade on September 9, 2024. Exchanging tasks will remain unaffected.
Binance, among the world's leading cryptocurrency exchanges, has revealed its help for the upcoming Enjin Piece (ENJ) network upgrade. Depending on to Binance, the upgrade will definitely demand the brief revocation of down payments as well as drawbacks for ENJ tokens starting from September 9, 2024, at 12:00 (UTC).Particulars of the Network Upgrade.The system upgrade is booked to happen at the block height of 6,678,271, which is actually assumed to be gotten to around 13:00 (UTC) on the very same day. Binance has actually ensured its own customers that investing tasks for ENJ gifts will certainly not be impacted in the course of this period. The exchange will certainly handle all specialized needs linked with the upgrade, guaranteeing a smooth process for its own individuals.Impact on Users.While down payments and also withdrawals are going to be briefly suspended, Binance has affirmed that these solutions will definitely return to the moment the system is deemed secure post-upgrade. Customers are encouraged that no further announcements will definitely be helped make regarding the reopening of deposits and withdrawals.Binance also highlighted that there might be discrepancies in converted models of the announcement as well as encouraged pertaining to the initial English model for the very most correct info. For more particulars, customers may read through the official announcement coming from the Enjin venture group.Wider Context.This announcement happens among a series of network upgrades and also growths within the blockchain community. Enjin Coin, understood for its concentrate on blockchain-based games and also NFTs, has been actually proactively servicing improving its system functionalities. The upcoming upgrade is actually assumed to bring boosted performance and also added features to the Enjin ecological community.As the cryptocurrency market remains to evolve, exchanges like Binance participate in a crucial job in assisting in hassle-free changes during the course of network upgrades. Through taking care of the technological parts and also making sure marginal disruption to exchanging activities, Binance aids maintain market stability and also user peace of mind.Customers are motivated to keep updated along with official announcements from both Binance and also the Enjin venture staff to guarantee they are well-informed about the upgrade process and also any kind of potential influence on their exchanging activities.Image source: Shutterstock.