Binance Go Suspend IOTA Deposit And Withdrawals Small Time For May 2025 Network Upgrade And Hard Fork
Binance don confirm say dem go support IOTA network upgrade and hard fork wey go happen May 5, 2025. To make sure di upgrade go well and network safe, Binance go temporary stop pipo from putting and taking out IOTA token from 2:00 PM (UTC+8) on May 5. Di network upgrade and hard fork, wey dem plan for 3:00 PM (UTC+8), na to make IOTA network bigger, work well, and make di blockchain beta. For dis time, IOTA spot trading for Binance go still dey normal, but pipo no go fit put or take out IOTA until di upgrade finish and di network make sense. Binance go open di deposit and withdrawal back automatically once di upgrade success. Dem advice investors and traders to plan ahead and follow di official news for any change. Dis move show say Binance ready to support big blockchain changes and e make IOTA try beta more with new new technical things.
Neutral
Di Binance, dem suspend IOTA deposit an withdrawal temporary na be normal tin wey dem dey do major blockchain upgrade an hard fork. Dis one na to make sure say moni safe wia dem dey do tech improvement. Since IOTA trade for Binance no get any wahala, e no likely say market moni movement an price go get big sudden effect. From how e don happen before, dis kind upgrade fit build long-term trust for how strong an wetin blockchain fit do, but for short time, trade behavior mostly stable as access to trade no stop. Di announcement make sure dem plan an give assurance to traders an investors, wey help market stay stable an no make people feel like market go up or down too much.