.James Ding.Sep 09, 2024 05:35.Binance reveals the suspension of ENJ token deposits and withdrawals for a system upgrade on September 9, 2024. Trading tasks will continue to be unaffected.
Binance, among the globe's leading cryptocurrency substitutions, has declared its support for the upcoming Enjin Coin (ENJ) system upgrade. Depending on to Binance, the upgrade will definitely necessitate the short-lived revocation of down payments as well as withdrawals for ENJ tokens starting from September 9, 2024, at 12:00 (UTC).Information of the System Upgrade.The network upgrade is actually planned to occur at the block height of 6,678,271, which is actually assumed to become reached around 13:00 (UTC) on the exact same day. Binance has guaranteed its own consumers that trading activities for ENJ symbols will definitely not be actually affected throughout this duration. The substitution will certainly take care of all technical demands related to the upgrade, guaranteeing a smooth process for its users.Effect on Customers.While deposits and withdrawals will be briefly suspended, Binance has validated that these services are going to return to the moment the system is considered dependable post-upgrade. Individuals are actually advised that no further news will definitely be actually produced regarding the reopening of down payments and drawbacks.Binance also highlighted that there might be discrepancies in equated models of the news and recommended referring to the initial English model for the very most accurate relevant information. For additional details, users may read through the official news coming from the Enjin project team.Broader Context.This announcement comes amidst a series of system upgrades and growths within the blockchain community. Enjin Piece, understood for its focus on blockchain-based video gaming and NFTs, has actually been definitely working on enriching its network abilities. The upcoming upgrade is actually assumed to deliver improved functionality and also extra features to the Enjin ecological community.As the cryptocurrency market remains to grow, swaps like Binance play a vital part in promoting smooth changes during the course of network upgrades. Through managing the specialized components and ensuring minimal disruption to investing tasks, Binance aids sustain market security as well as customer confidence.Users are actually encouraged to remain upgraded with official announcements coming from each Binance as well as the Enjin task group to guarantee they are actually educated concerning the upgrade method and any possible effect on their exchanging activities.Image source: Shutterstock.