Attention SHIB, XRP, BTC Holders: Key Update for Binance Users

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On April 23, Binance, a well-known global cryptocurrency trading platform, has planned for a system enhancement.

On their latest tweet, Binance announced that they will undergo a planned system enhancement from 6:30 a.m. to 9:30 a.m. (UTC) on April 23. This is aimed at enhancing the entire system’s performance and stability.

Starting on April 23, at 6:30 am UTC, Binance will carry out a planned system improvement that is expected to continue for approximately 3 hours. During this period, you might experience some technical issues when accessing Binance’s website or app. However, please be reassured that your funds remain secure and are in safe hands (SAFU).

— Binance (@binance) April 19, 2024

During regular upgrades, exchanges perform essential maintenance tasks. However, these improvements may momentarily halt trading activities and access to user accounts while novel functionalities are integrated and the underlying structure is enhanced.

During Binance’s system update, you might experience some technical issues, as per Binance’s announcement. Affected functionalities may include, but aren’t restricted to, signing up for new accounts, logging in, and executing trades.

During Binance’s planned system update on April 23, SHIB, XRP, BTC, and other cryptocurrency holders should be aware of possible interruptions and make necessary arrangements.

When Binance undergoes a system update, trading operations for cryptocurrencies such as SHIB, XRP, BTC, and others could be momentarily paused. It is recommended that users avoid initiating orders or carrying out trades during this timeframe to minimize the risk of encountering interruptions. Essentially, transactions set for execution during routine maintenance may be processed prematurely.

For senior users, signing in to Binance’s website or app may be disrupted, whereas registration for new users could present challenges on April 23.

During the upgrade process, Binance guarantees the safety of users’ funds. According to their blog post, the time required for the system upgrade is an estimation and could change. The exchange cautions that all affected services will become operational once the upgrade is finished, but there might not be any subsequent notification.

During the system upgrade, there might be short-term interruptions. To minimize any hassle, users are advised to stay updated, prepare accordingly, and follow top security tips for their accounts.

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2024-04-20 15:28