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Reading: Bitcoin Exchange Binance Announces It Will Halt Deposits and Withdrawals of Tokens on Its Network! Here Are the Details
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Mycryptopot > Exchange > Bitcoin Exchange Binance Announces It Will Halt Deposits and Withdrawals of Tokens on Its Network! Here Are the Details
Exchange

Bitcoin Exchange Binance Announces It Will Halt Deposits and Withdrawals of Tokens on Its Network! Here Are the Details

August 4, 2025 1 Min Read
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mycryptopot

Binance has introduced that it’ll assist the upcoming improve to the Sei (SEI) community. Consequently, deposits and withdrawals of tokens on the SEI community will probably be quickly suspended beginning August 4, 2025.

Binance to Assist Sei (SEI) Community Improve

The community improve is scheduled to happen at block top 160,945,710, roughly 03:00 CEST on August 5, 2025. Buying and selling of tokens on the community won’t be affected by this course of.

mycryptopot

Binance said that it’ll deal with all technical necessities on behalf of customers and that deposits and withdrawals will probably be reopened as soon as the improve is full and the community is steady. No additional bulletins will probably be made on this matter.

What’s SEI Token?

The SEI token serves a number of functions inside the ecosystem: it’s staked to safe the community, used to pay transaction charges, and take part in governance selections. The whole provide is capped at 10 billion tokens, with a good portion allotted to group initiatives and ecosystem growth.

*This isn’t funding recommendation.

mycryptopot
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Reading: Bitcoin Exchange Binance Announces It Will Halt Deposits and Withdrawals of Tokens on Its Network! Here Are the Details
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