Binance Announces Scheduled Wallet Maintenance

The cryptocurrency exchange Binance has revealed plans to conduct wallet maintenance on the BNB Smart Chain (BEP20) network. This maintenance is set to occur on April 17, 2025, starting at 09:00 GMT and expected to last about one hour. During this time, users will be unable to deposit or withdraw funds through the BNB Smart Chain network, although trading activities will remain unaffected.

What to Expect During the Maintenance?Will Trading Be Impacted?

What to Expect During the Maintenance?

According to Binance’s announcement, the wallet maintenance will initiate at 09:00 GMT, with deposit and withdrawal capabilities being disabled five minutes prior at 08:55 GMT. This procedure aims to safeguard user assets while ensuring the system’s smooth operation.

Will Trading Be Impacted?

Despite the temporary suspension of deposit and withdrawal transactions, trading on the network will continue without any interruptions. Users can confidently engage in trading cryptocurrencies that adhere to the BEP20 standard during the maintenance window.

Binance has opted to schedule this essential maintenance during periods of lower activity to minimize user inconvenience. Users are advised to plan their deposit and withdrawal activities accordingly, as no additional communications will be issued regarding the resumption of these services post-maintenance.

  • Wallet maintenance by Binance targets the BNB Smart Chain.
  • Deposits and withdrawals will be paused shortly before maintenance starts.
  • Trading remains operational during this maintenance period.
  • Users should strategically plan their transactions to avoid disruption.

The scheduled maintenance reflects Binance’s commitment to maintaining a secure and efficient trading environment for its users, prioritizing system integrity while ensuring trade operations remain ongoing. Users are encouraged to stay informed to optimize their trading experiences during this period.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Source: https://en.bitcoinhaber.net/binance-announces-scheduled-wallet-maintenance