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Bitcoin Exchange Binance Announces It Will Support This Altcoin’s Network Upgrade and Hard Fork! Here Are the Details

August 29, 2025
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Cryptocurrency exchange Binance announced that it will fully support the Conflux Network (CFX) network upgrade and hard fork process, which will take place on September 1, 2025.

Binance to Support Conflux Network (CFX) Upgrade and Hard Fork

According to the company's official statement, deposits and withdrawals of all tokens on the Conflux Network will be temporarily suspended as of September 1, 2025. This step is intended to maximize user experience and ensure the smooth updating of the network.

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The upgrade and hard fork will occur at Epoch Number 129,680,000. Binance emphasized that it will handle all technical requirements related to the process on behalf of users and that trading of CFX tokens will not be affected during this period.

Exchange officials stated that deposits and withdrawals for CFX tokens will be reopened once the network's stability is tested and confirmed after the upgrade is complete. However, they added that no further announcements will be made regarding the completion of the process.

Conflux Network stands out with its focus on improving blockchain scalability and security, and this update is expected to improve the network's performance and transaction efficiency. Binance's technical support is considered a critical safeguard to protect users from potential risks.

With this development, it was once again emphasized that Binance users will only experience a temporary outage for deposits and withdrawals, but trading activities will continue uninterrupted.

*This is not investment advice.

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved