Bitcoin Exchange Binance Announces It Will Support This Altcoin’s Network Upgrade! Here Are the Details

Binance, one of the world’s largest cryptocurrency exchanges, has announced it will support the planned network upgrade for the Moonbeam network.

According to the official statement from the stock exchange, temporary suspensions will be implemented in some services to protect user experience and ensure the smooth progress of the technical process.

Accordingly, Binance will temporarily suspend token deposits and withdrawals on the Moonbeam (GLMR) network on April 13, 2026, at 3:00 PM. The network upgrade is expected to take place around 4:00 PM on the same day, at block number 15,190,604.

The exchange stated that the update does not require any technical action from users and that the entire process will be managed by Binance. Therefore, users will not need to take any extra steps to protect their assets.

On the other hand, it was emphasized that trading of tokens on the Moonbeam network in spot or other markets would not be affected by this process. This means that users will be able to continue trading on the platform even if deposit and withdrawal transactions are suspended.

Binance announced that deposits and withdrawals will be reopened once the network upgrade is complete and the system is stable. However, it was stated that no further notification will be given regarding this process.

Experts say that such network upgrades offer significant improvements in performance, security, and scalability for blockchain projects, and contribute to the long-term development of the ecosystem.

*This is not investment advice.

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