Binance to Temporarily Suspend ETH Deposits and Withdrawals for Ethereum Network Upgrade

Binance plans to conduct a technical upgrade to the Ethereum network this weekend, during which all Ethereum-based token deposits and withdrawals will be temporarily suspended. This operation aims to ensure a smooth network transition and that user assets remain secure. Binance has clarified that spot trading functionality on the platform will operate normally, and the buying, selling, and holding of related assets will not be affected.

Concurrently, Binance will expand its spot trading market, focusing on adding trading pairs related to the stablecoin United Stables (U), further enriching users' asset allocation options in the stable asset space. This move reflects the platform's continued investment in a high-liquidity stablecoin ecosystem.

Binance emphasizes that this suspension is solely for technical maintenance and does not involve any asset freezes or project risks. The platform has internally completed compatibility testing to ensure a quick service recovery after the upgrade. The official statement indicates that no additional announcements will be made regarding this matter beyond this notice, and users are advised to plan their funds accordingly to avoid related operations during the maintenance period. Furthermore, Binance consistently implements a strict asset listing review mechanism, regularly delisting trading pairs with low trading volume, insufficient liquidity, or those that do not meet platform standards, to improve overall market quality. Users can follow the official list to get the latest listing and delisting updates.