RATE Group | Binance to Support Upcoming Ethereum Classic (ETC) Agharta Network Upgrade
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Binance to Support Upcoming Ethereum Classic (ETC) Agharta Network Upgrade

10 Jan Binance to Support Upcoming Ethereum Classic (ETC) Agharta Network Upgrade

Posted at 14:42h in Ethereum News by

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Binance exchange has recently announced its intention to support the upcoming Ethereum Classic (ETC) Agharta Network Upgrade.

According to a report, deposits and withdrawals of ETC will be suspended as from 11th January 2020 at 0:00 AM (UTC).

However, trading of Ethereum Classic (ETC) will be unaffected during the upgrade. Users are hereby advised to give processing of deposits enough time prior to the aforementioned deposits and withdrawals suspension period.

The exchange promised proper handling of the technical requirements involved for all the users holding ETC in their Binance accounts.

Upgrade Not To Create New Token

Binance additionally stated that the upcoming ETC network upgrade is not for the creation of new token.

The exchange then promised to reopen deposits and withdrawals of ETC once the upgrade is done and the network is properly restored. Howbeit, Binance bluntly stated that users should not expect a further announcement after the…

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