Binance Temporarily Halts TRX Deposits and Withdrawals for Upgrade
Binance will temporarily halt certain services this week to perform a scheduled upgrade and delist trading pairs that no longer meet its standards. The exchange will conduct wallet maintenance for the Tron Network on August 13, which is expected to take about one hour.
During this time, Binance will suspend TRX deposits and withdrawals but assured users that trading of tokens on the network will not be impacted. After the maintenance is complete, deposits and withdrawals for TRX will be reopened once the network is deemed stable.
The exchange has a history of conducting similar upgrades to support improvements across various ecosystems, including Bitcoin, Ethereum, Cardano, and others. Binance regularly checks its listed cryptocurrencies and trading pairs and removes those that fail to meet required criteria such as adequate liquidity and trading volume.
As a result, the exchange will delist seven trading pairs, including APT/BTC, AR/BTC, A/USDC, BTTC/TRY, CYBER/USDC, LPT/BTC, and WAL/FDUSD. The actual delisting is scheduled for August 14.