Binance, a popular Bitcoin exchange, has made an announcement stating that it is backing the upcoming upgrade and hard fork of the altcoin Optimism (OP). The scheduled date for this event is June 6, 2023, at 7:00 pm. Binance’s support means that it will facilitate the necessary changes and updates required for the network upgrade to take place smoothly. This move is expected to bring improvements and advancements to the Optimism altcoin, enhancing its functionality and potentially benefiting its users.
Binance, the well-known Bitcoin exchange, has announced its plans to support the upcoming network upgrade and hard fork of the altcoin Optimism (OP). To ensure a smooth transition, Binance will temporarily pause the ability to deposit and withdraw OP tokens starting from 6:30 pm on the same day. However, OP trading on the Binance platform will continue as usual during the network upgrade and hard fork.
It’s important to understand that this event will not create new tokens for Optimism (OP). Instead, the purpose of the network upgrade and hard fork is to implement improvements and enhancements to the existing Optimism network. These upgrades aim to enhance the performance and functionality of the Optimism altcoin, ultimately benefiting its users.