Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will support the CELO (CELO) network upgrade and hard fork process, which will take place on July 9, 2025.
Binance supports CELO (CELO) network upgrades and hard forks
According to a Binance statement, to support network upgrades, deposits and withdrawals of all tokens on the CELO network will be temporarily suspended as of 5:00 PM on July 9, 2025. Network upgrades and hard forks are expected to occur around 6pm.
During the upgrade process, token transactions on the CELO network are unaffected and users can continue the transaction without interruption. Binance manages processes on its own infrastructure without requiring users to perform technical operations.
Transactions resume according to network
Once the upgraded network is confirmed to be stable, deposits and withdrawals will resume. Binance said there will be no further announcement regarding the reopening of operations.
This development represents an important technical milestone for the CELO community, ensuring a smooth and secure transition for Binance users.
*This is not investment advice.
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