Binance, one of the world’s leading crypto exchanges, has announced that it will support the planned technology upgrade of the Moonbeam (GLMR) network.
Binance supports Moonbeam (GLMR) network upgrade
According to an official statement, all token deposits and withdrawals on the Moonbeam network will be temporarily suspended as of 3:00 pm on October 13, 2025 in preparation for the upgrade.
The network upgrade is scheduled to occur at approximately 4:00 PM at block height 12,993,016. Binance will handle all necessary technical work within its own team to ensure the safety of user funds and ensure a seamless transition during this period.
Binance specifically emphasized that the maintenance period only affects deposits and withdrawals, and trading of GLMR and other related tokens will continue uninterrupted. Users can continue trading in the spot and futures markets.
Once the upgrade is complete and the network is confirmed to be stable, token deposits and withdrawals on the Moonbeam network will automatically resume. Binance also stated that no further announcements will be made after this period.
This network upgrade aims to improve Moonbeam’s performance, transaction security, and cross-chain compatibility.
*This is not investment advice.
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