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Priyanka Jadhav
Apr 11, 2022

Crypto Giant Binance To Perform Wallet Maintenance on Multiple Networks

Binance
Earlier this month, the leading blockchain and cryptocurrency exchange Binance scheduled an announcement of performing wallet maintenance on multiple networks. 

What is a Cryptocurrency Wallet?

The crypto wallet allows users to store exchange and trade cryptocurrencies such as Bitcoin, Ripple, Ethereum, etc. A wallet stores digital assets and also processes numerous real-time transactions efficiently. 

A boon and a backbone of the digital space, cryptocurrency wallets guarantee the security of the digital assets of end-users. 

Binance Ensures Seamless Wallets For Multiple Networks

The cryptocurrency exchange giant announced to perform servicing of multiple networks, most importantly,

AVAX C-Chain Network (AVAXC)

BNB Chain (BNB Smart Chain)

Bitcoin Network (BTC)

Doge Network (DOGE)

Dash Network (DASH)

Polkadot Network (DOT)

Ethereum Classic Network (ETC)

Ethereum Network (ETH)

EOS Network (EOS)

Litecoin Network (LTC)

Terra Network (LUNA)

Polygon Network (MATIC)

Ripple (XRP)

Ronin Network (RON)

Bitcoin Cash Network (BCH)

The regulated marketplace Binance United States has stated that the scheduled maintenance of wallets for multiple networks including those mentioned above will begin on April 13 from 2 AM to 6 AM EDT. In addition, Binance has announced that the deposits and withdrawals of the network that have been impacted will be suspended from 1.30 AM itself on April 13. 

However, Binance ensures that the withdrawals on the networks that have suffered will reopen soon after the maintenance has occurred. 

Crypto Giant Binance To Perform Wallet Maintenance on Multiple Networks
Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

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