RATE Group | Binance to support Ethereum Muir Glacier upgrade
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Binance to support Ethereum Muir Glacier upgrade

02 Jan Binance to support Ethereum Muir Glacier upgrade

Posted at 04:30h in Ethereum News by

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  • While ETH trading will remain unaffected during the upgrade, ETH withdrawals and deposits will be suspended.
  • The Muir Glacier upgrade is expected to be activated on the mainnet on Jan 1, 2020, at block 9,200,000.

Binance will soon be suspending Ether (ETH) deposits and withdrawals to support the Ethereum Muir Glacier upgrade. According to Binance’s blog post, the withdrawals and deposits will be suspended on the platform before the Ethereum network block height of 9,200,000 selected to execute the upgrade.

The deposits and withdrawals will be reopened after Binance decides the upgraded network to be stable. Meanwhile, ETH trading will remain unaffected during the upgrade. The exchange stated that it will not be making a separate announcement about the resumption of withdrawals and deposits. Binance advised its users to make deposits in full before the upgrade:

Please leave sufficient time for deposits to be processed in full prior to the above ETH network…

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