Français
Português
Indonesia
Tagalog
Malaysia
हिन्दी
বাংলা
中文 (中国)
Tiếng Việt
Binance has announced that it will temporarily suspend Dash (DASH) token deposits and withdrawals starting on January 7, 2025, at block height 2,201,472 in order to facilitate an important network upgrade and hard fork. A network upgrade is typically done to enhance the functionality, security, and scalability of a blockchain, often through modifications to its protocol. This upgrade aims to improve the Dash network and address potential vulnerabilities or limitations that may exist in its current system. The hard fork, which is a major update, will introduce substantial changes to the Dash protocol that will create two versions of the blockchain—one following the old rules and the other following the new rules. Because of this significant change, users will be required to update their software in order to continue using the network after the hard fork occurs.
While the network upgrade itself will not affect trading on Binance, the exchange will halt DASH token deposits and withdrawals for a short period to ensure that the upgrade runs smoothly. Binance will manage all the technical aspects of this upgrade on behalf of its users. It is important for users to complete any necessary deposits in advance, as the suspension will begin at 19:00 (UTC+8) on the same day of the upgrade. The exchange will resume DASH token deposits and withdrawals once the network stabilizes and the hard fork is successfully implemented.
Binance has a history of supporting similar upgrades in the past, ensuring that users can continue trading and participating in the blockchain ecosystem without interruption. For example, the exchange handled technical processes during the BCH hard fork in November 2020 and supported Ethereum’s Shanghai upgrade in April 2023, which introduced improvements like the ability to withdraw staked assets.
Users should closely monitor official announcements from Binance and the Dash project team for any further updates or additional details regarding the upgrade. Following these announcements will ensure users are prepared for the transition and can continue to interact with the Dash network seamlessly after the upgrade is completed.
