Binance, one of many world's main cryptocurrency exchanges, has introduced that it’s going to assist the CELO (CELO) community improve and exhausting fork course of, which can happen on July 9, 2025.
Binance helps CELO (CELO) community upgrades and exhausting forks
In response to a Binance assertion, to assist community upgrades, deposits and withdrawals of all tokens on the CELO community will likely be quickly suspended as of 5:00 PM on July 9, 2025. Community upgrades and exhausting forks are anticipated to happen round 6pm.
Throughout the improve course of, token transactions on the CELO community are unaffected and customers can proceed the transaction with out interruption. Binance manages processes by itself infrastructure with out requiring customers to carry out technical operations.
Transactions resume in response to community
As soon as the upgraded community is confirmed to be secure, deposits and withdrawals will resume. Binance stated there will likely be no additional announcement relating to the reopening of operations.
This improvement represents an necessary technical milestone for the CELO neighborhood, guaranteeing a easy and safe transition for Binance customers.
*This isn’t funding recommendation.