Deposits and withdrawals on Bitcoin Network (BTC) will be suspended
binance Bitcoin will temporarily suspend deposits and withdrawals on December 1st, as it intends to carry out its normal wallet maintenance.
In a new tweet, crypto exchange Binance has notified its users of wallet maintenance for the Bitcoin network. According to the information published on its website, Binance will perform wallet maintenance for the Bitcoin Network (BTC) on Dec. 1, 2022, at 6:00 a.m. UTC, which will last for about an hour.
While bitcoin trading will not be affected during the wallet maintenance, deposits and withdrawals on the bitcoin network (BTC) will be suspended from 5:55am UTC on December 1st.
The crypto exchange says it will reopen deposits and withdrawals after maintenance is complete and may not need to notify users in a further announcement.
Today, Binance announced its entry into the Japanese markets by acquiring 100% ownership of Sakura Exchange BitCoin (SEBC), a Japanese-registered crypto exchange service provider.
In other news, the top crypto exchange announced it had completed the integration of USD Coin (USDC) on the Algorand network. This implies that deposits and withdrawals for USD Coin (USDC) are now open on the Algorand network.
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