Binance Issues Crucial Update To Users On Live Upgrade: Details

Key Points

1. Binance's wallet network upgrade will take approximately 15 minutes, during which deposits and withdrawals will be temporarily paused.

2. The upgrade aims to enhance network performance and ensure a smoother, more user-friendly experience.

3. Binance recently launched DEX Pro mode, a trading tool for experienced traders, featuring Secure Auto Sign for limit orders.

4. Binance also introduced RWUSD, an on-chain asset offering up to 4.2% annualized yield, targeting returns from real-world assets (RWA).

5. Binance Coin (BNB) has seen a 0.5% increase in the past 24 hours, with weekly and monthly gains of 5.7% and 24%, respectively.