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Binance has announced that it will temporarily suspend token deposits and withdrawals on the Polygon (POL) network as part of a scheduled network upgrade. The suspension is set to take place on July 1, with trading affected at approximately 8:10 a.m. UTC.
According to Binance, this decision was made in order to support the Polygon network’s upgrade aimed at improving performance and scalability. As a result, users will not be able to deposit or withdraw tokens during this period.
In addition to the suspension of deposits and withdrawals, Binance has also stated that it will introduce new USDC trading pairs on July 1. This move aims to expand the variety of trading options available on its platform and enhance user experience.
The exchange has also announced plans to launch trading bot services for specific pairs on this date, including LPT/USDC, RVN/USDC, spot grid, and DCA: ARB/USDC.
No additional information regarding the network upgrade was provided by Binance at this time.
Source: u.today
