Binance Will Support the IoTeX (IOTX) and Zcash (ZEC) Network Upgrades & Hard Forks

Binance

Zcash $439.47 1.58%

IoTeX $0.00725 0.62%

Kava Lend $0.002337 1.18%

Fellow Binancians,

Binance will support the IoTeX (IOTX) and Zcash (ZEC) network upgrades and hard forks.

The IoTeX (IOTX) network upgrade and hard fork will take place at the IoTeX block height of 17,662,681, or approximately at 2022-05-30 23:00 (UTC). Deposits and withdrawals of IOTX will be suspended approximately starting from 2022-05-30 22:00 (UTC);
The Zcash (ZEC) network upgrade and hard fork will take place at the Zcash block height of 1,687,104. Deposits and withdrawals of ZEC will be suspended approximately starting from 2022-05-31 23:30 (UTC).

Please note:

The trading of IOTX and ZEC will not be affected during the network upgrades and hard forks.
The IoTeX (IOTX) network upgrade and hard fork will take place at the IoTeX block height of 17,662,681. The estimated time is for users’ reference only.
Binance will handle all technical requirements involved for all users holding IOTX and ZEC in their Binance accounts.
The IoTeX (IOTX) and Zcash (ZEC) network upgrades and hard forks will not result in new tokens being created.
We will reopen deposits and withdrawals for IOTX and ZEC once we deem the upgraded networks to be stable, and we will not notify users in a further announcement.

For more information on the network upgrades and hard forks, please refer to the following:

IoTeX v1.8 Release Note
Zcash New Release 5.0.0

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-05-30

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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.

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