Binance Supports Network Upgrade and Hard Fork for Sei (SEI) and Kadena (KDA)

Bittime - Binance announced their support for the network upgrade and hard fork that will be executed by two blockchain projects, Sei ( SEI ) and Kadena ( KDA ). Along with this announcement users are asked to withdraw their tokens before the temporary suspension of services.

Sei Network Enhancement (SEI)

The Sei Project (SEI) plans to scale their network to a specific block height , namely 79,123,881. This increase is expected to occur around 23:00 local time on May 27, 2024.

To facilitate the network upgrade, Binance will temporarily suspend Sei (SEI) token recharge and withdrawal services starting at 22:00 on May 27, 2024.

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Network Upgrade and Kadena Hard Fork (KDA)

The Kadena Project (KDA) will carry out network upgrades accompanied by a hard fork at block height 4,819,246. This increase is expected to occur around 08:00 on May 30, 2024.

Just like for Sei (SEI), Binance will temporarily suspend Kadena (KDA) token deposit and withdrawal services starting at 07:00 on May 30, 2024 to facilitate network upgrades.

Things Users Need to Pay Attention to

It is important to note that the dates and times mentioned above are estimates only. Users are advised to stay abreast of the latest official announcements from Binance regarding service suspension.

For users who plan to trade Sei (SEI) and Kadena (KDA) tokens during the network upgrade period, it is recommended to withdraw these tokens from Binance before the service suspension begins.

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Conclusion

By supporting these network upgrades and hard forks, Binance is ensuring their platform's compatibility with the latest changes to the Sei (SEI) and Kadena (KDA) blockchains. 

However, the temporary suspension of token deposit and withdrawal services during the network upgrade period may slightly disrupt users' trading activities. Therefore, it is important for users to always follow the latest information and carry out careful planning.

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How to Buy Crypto from Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

SEI Network (SEI) Price Prediction in 2024

Kadena (KDA): Exploring Its Unique Potential and Innovative Design

Sei Network Predictions: Bullish Signs SEI Breakout in Sight?

DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.