Binance.US Will Support the Avalanche (AVAX) and Tezos (XTZ) Network Upgrades
- The Avalanche (AVAX) network upgrade will take place at approximately 2021-12-02 1:00pm EST / 10:00am PST. Deposits and withdrawals of AVAX tokens will be suspended one hour prior, starting from 2021-12-02 12:00pm EST / 9:00am PST.
- The Tezos (XTZ) network upgrade will take place at the Tezos block height of 1,916,929, or at approximately 2021-12-03 11:20am EST / 8:20am PST. Deposits and withdrawals of XTZ will be suspended one hour prior, starting from approximately 2021-12-03 10:20am EST / 7:20am PST.
Please note:
- The Avalanche (AVAX) network upgrade will take place at approximately 2021-12-02 1:00pm EST / 10:00am PST. The estimated time is for users’ reference only.
- The Tezos (XTZ) network upgrade will take place at the Tezos block height of 1,916,929, or at approximately 2021-12-03 11:20am EST / 8:20am PST. The estimated time is for users’ reference only and is subject to change depending on block propagation times.
- The trading of AVAX and XTZ will not be affected during the upgrades.
- Binance.US will handle all technical requirements involved for all users holding AVAX and XTZ in their Binance.US accounts.
- The Avalanche (AVAX) and Tezos (XTZ) network upgrades will not result in new tokens being created.
- Deposits and withdrawals for AVAX and XTZ will be reopened once we deem the upgraded networks to be stable, and a further announcement will not be issued.
For more information on the network upgrades, please refer to the following:
- AVAX: Apricot Phase 5 - P<->C Transfers, Apricot Phase Five: P<>C Atomic Transfers, Atomic Transaction Batching, and C-Chain Fee Algorithm Optimizations
- XTZ: Tezos Newest Upgrade Proposal ‘Hangzhou’ Announced
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Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.