Binance Will Support the NEM (XEM) Network Upgrade & Hard Fork

Binance

NEM $0.000644 4.81%

Kava Lend --

Fellow Binancians,

Binance will support the NEM (XEM) network upgrade & hard fork.

The NEM (XEM) network upgrade & hard fork will take place at XEM mainnet block height of 3,481,580, or at approximately 2021-11-30 14:15 (UTC). Deposits and withdrawals of XEM will be suspended starting from approximately 2021-11-30 13:15 (UTC).

Please note:

The trading of XEM will not be affected during the upgrade.
The NEM (XEM) network upgrade & hard fork will take place at XEM mainnet block height of 3,481,580. The estimated time is for users’ reference only.
Binance will handle all technical requirements involved for all users holding XEM in their Binance accounts.
The NEM (XEM) network upgrade & hard fork will not result in new tokens being created.
We will reopen deposits and withdrawals for XEM once we deem the upgraded network to be stable, and we will not notify users in a further announcement.

For more information on the network upgrade & hard fork, please refer to the following:

NEM - NIS (v.0.6.100)

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2021-11-29

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Read the original article at binance

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