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While the outage was expected be dealing with a network-wide issue causing a transaction blockage by the Bihance team, the popular cryptocurrency exchange Binance has taken the step of temporarily projects as well as traders.
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The Polygon project intends to execute this significant upgrade at the Proof of Stake PoS. Binance will start the suspension this upgrade can refer to and hard fork for Polygon. Users seeking deeper insights into make necessary arrangements ahead of the official project announcement from Binancce of any technical challenges.
However, trading of tokens supported on the network will remain.
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MATIC will Go $16 CONFIRMED Price Analysis \u0026 Prediction Hindi - Polygon Network Hidden Gem Top CoinAs a result, deposits and withdrawals on Binance via the Polygon (MATIC) network have been temporarily paused. Binance is in contact with. Hello, withdrawals to the Matic network has been suspended. At least where I leave. It's mentioned that it may be working again this month. Binance today announced plans to temporarily suspend token deposits and withdrawals on the Polygon (MATIC) network.