Binance Suspends Deposits and Withdrawals for Ethereum Upgrade

To support the Ethereum network upgrade, Binance will suspend deposits and withdrawals of certain tokens on May 7th, 2025. The platform anticipates a 15-minute suspension window before the upgrade (starting at approximately 09:45 UTC) to guarantee a smooth user experience. Binance’s support for the Ethereum network upgrade is reflected in their official announcement and tweet. Notably, trading functionality on the affected networks will remain unaffected, with Binance handling technical requirements for users during this period. The platform plans to reopen deposits and withdrawals once stability is confirmed and will provide further updates.