Binance Schedules Brief Pause for Wallet Upgrade

Binance is planning to pause deposits and withdrawals on its platform for about an hour on September 22, starting at 06:00 UTC. This move is aimed at upgrading its infrastructure wallet, which will help improve the overall service experience.

The exchange assured users that token trading will not be affected during this period, so traders who only use Binance to trade won't feel any impact from the pause. However, anyone with funds on Binance should keep an eye out for the scheduled maintenance window and wait until it's complete before attempting to move tokens.

The exact resume time is not specified, but deposits and withdrawals will reopen once the system is deemed stable by Binance. The exchange also noted that it won't post a separate announcement when this happens, so users should keep an eye on their accounts for any updates.