Binance, one of the largest cryptocurrency exchanges in the world, will temporarily stop ether (ETH) deposits / withdrawals made over several major networks on September 6.
Ethereum community, blockchain proof-of-stake While preparing for The Merge update, which will move it to the algorithm, crypto money exchanges are trying to adapt to this transition process.
According to the statement made by Binance, the company is on the stock market in order to avoid any problems during the update. over some networks ether and Wrapper Ether (WETH) will temporarily suspend deposit/withdrawal transactions on September 6 at 05:00 Turkish time.
Binance’s decision ETH in Arbitrum and Optimism network and WETH in Ronin Network covers.
Deposits and withdrawals made through these networks, after the update is successfully completed, to work stably it will reboot when it starts.
During this time period, when wallet transactions will be temporarily suspended, users will be able to continue trading with ether.