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Binance Will Support the Shentu (CTK) Network Upgrade
Fellow Binancians,
Binance will support the Shentu (CTK) network upgrade.
- The Shentu (CTK) network upgrade will take place at the block height of 8,705,500, or approximately at 2022-07-07 06:00 (UTC). Deposits and withdrawals of CTK will be suspended starting from approximately 2022-07-07 05:00 (UTC).
Please note:
- The Shentu (CTK) network upgrade will modify the block rewards distributed to its insurance module to increase liquidity.
- The trading of CTK will not be affected during the upgrade.
- The Shentu (CTK) network upgrade will take place at the block height of 8,705,500. The estimated time is for users’ reference only.
- Binance will handle all technical requirements involved for all users holding CTK in their Binance accounts.
- We will reopen deposits and withdrawals for CTK once we deem the upgraded network to be stable, and we will not notify users in a further announcement.
For more information on the network upgrade, please refer to the following:
- ShentuChain Release v2.4.0
- Shield-V2 (v2.4.0) Upgrade Proposal
- ShentuChain Shentu-2.2
Thanks for your support!
Binance Team
2022-07-06
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
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