Binance Supports Sei (SEI) and Kadena (KDA) Upgrades - Blockchain.News

Binance Supports Sei (SEI) and Kadena (KDA) Upgrades

Peter Zhang May 27, 2024 03:26

Binance supports Sei (SEI) and Kadena (KDA) network upgrades for a better user experience.

Binance Supports Sei (SEI) and Kadena (KDA) Upgrades

Binance Announces Support for Sei (SEI) and Kadena (KDA) Network Upgrades

Binance, one of the world's leading cryptocurrency exchanges, has announced its support for the upcoming network upgrades and hard forks of Sei (SEI) and Kadena (KDA). According to Binance, these upgrades are aimed at providing an enhanced user experience and ensuring the stability and security of the networks.

Sei (SEI) Network Upgrade Details

The Sei (SEI) network upgrade is scheduled to occur at the block height of 79,123,881, which is estimated to be around 2024-05-27 15:00 (UTC). To facilitate this process, Binance will suspend the deposits and withdrawals of tokens on the Sei (SEI) network starting from approximately 2024-05-27 14:00 (UTC).

Kadena (KDA) Network Upgrade Details

The Kadena (KDA) network upgrade and hard fork will take place at the block height of 4,819,246, which is expected to be around 2024-05-30 00:00 (UTC). Similar to the Sei upgrade, Binance will suspend the deposits and withdrawals of tokens on the Kadena (KDA) network starting from approximately 2024-05-29 23:00 (UTC).

Important Notes for Users

  • The trading of tokens on the Sei (SEI) and Kadena (KDA) networks will not be affected during the upgrade periods.
  • Binance will manage all technical requirements for users, ensuring a seamless transition during the network upgrades.
  • Deposits and withdrawals for tokens on the aforementioned networks will resume once the upgraded networks are confirmed to be stable. No further announcements will be made regarding the resumption.
  • Users are advised to refer to the original English article for the most accurate information, as there may be discrepancies in translated versions.

For further details, users are encouraged to visit the official Binance announcement page. The Binance team extends its gratitude for the continued support from its user base.

According to Binance's official announcement, these upgrades are crucial for maintaining network performance and providing a superior user experience.

Additional Context

This announcement follows a series of strategic moves by Binance to support the evolving needs of different blockchain networks. Binance's proactive stance in facilitating network upgrades underscores its commitment to maintaining a robust and secure trading environment. As the blockchain ecosystem continues to grow, such upgrades are vital for ensuring that network infrastructures keep pace with technological advancements and user demands.

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