Binance will temporarily halt Ethereum network deposits and withdrawals on March 10 to support a network upgrade, assuring trading will not be impacted. The cryptocurrency exchange also announced it will list several new trading pairs featuring the stablecoin U (United Stables) on the same day. This follows a series of recent pair listings and delistings as part of the platform’s ongoing market maintenance.
The world’s largest crypto exchange, Binance, will support an Ethereum network upgrade this week. During this process, token deposits and withdrawals on that network will be temporarily halted.
The upgrade is scheduled for March 10 and is expected to take roughly an hour. “The trading of tokens on the network will not be impacted, the exchange assured,” and user technical requirements will be handled.
In a separate announcement, Binance confirmed new trading pairs will go live on March 10. The pairs BCH/U, NEAR/U, TRX/U, and NEAR/USD1 will launch with Trading Bots support.
This listing effort once again focuses on the stablecoin U (United States). The exchange has recently opened trading for several other pairs, including AVAX/U and LINK/U.
Conversely, Binance regularly removes trading pairs that no longer meet its standards. On March 5, it delisted multiple cross and isolated margin pairs, including CHZ/BTC and UNI/ETH.
The following day, it removed the spot trading pairs CHZ/BNB, ENA/BRL, NEIRO/JPY, and RLC/BTC. Past delistings of specific cryptocurrencies have led to significant price declines for those assets.
