Binance to Suspend Viction (VIC) Deposits and Withdrawals for Network Upgrade on October 29, 2024

According to a recent announcement by COINOTAG, Binance will temporarily halt the deposit and withdrawal services for the Viction (VIC) network on October 29, 2024, at 15:00 Eastern Time. This suspension is part of a strategic initiative to facilitate an essential network upgrade and hard fork aimed at enhancing overall user experience. The scheduled hard fork is anticipated to occur at block height 86,158,494, roughly at 16:00 on the same day. This significant upgrade will allow the Viction network to implement improvements that may positively influence its functionality and security.

As Binance takes these steps, users are encouraged to manage their VIC assets accordingly. Staying informed about network changes is vital for maintaining asset security and ensuring uninterrupted trading activities. The exchange’s decision reflects its commitment to providing stability and reliability as the crypto ecosystem continues to evolve.