One of the leading cryptocurrency exchanges in the world, Binance, announced that it will support the Celo (CELO) network upgrade and hard fork process to be held on July 9, 2025.
Binance will support the Celo (CELO) network upgrade and hard fork.
According to the announcement made by Binance, all token deposit and withdrawal transactions on the CELO network will be temporarily suspended as of July 9, 2025, at 17:00 to support the network upgrade. The network upgrade and hard fork are expected to occur around 18:00.
During the upgrade process, trading of tokens on the CELO network will not be affected, and users will be able to continue their transactions without interruption. Binance will manage the process with its own infrastructure without requiring users to perform any technical operations.
Transactions Will Be Reopened Based on Network Connection
Deposit and withdrawal operations will be reopened after it is confirmed that the upgraded network is stable. Binance stated that it will not make an additional announcement regarding the resumption of operations.
This development represents an important technical milestone for the Celo community, while aiming to provide Binance users with a seamless and secure transition process.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
