Ethereum (ETH) Wallet Maintenance Scheduled by Binance on January 2, 2025: Deposits and Withdrawals Suspended

Binance has announced a scheduled maintenance for its Ethereum network (ETH) wallets. This maintenance will commence on January 2, 2025, at 14:00 (UTC+8), with the firm advising users to prepare accordingly. During this period, all ETH deposits and withdrawals will be temporarily halted starting from 13:55 (UTC). Users can expect the service to be restored shortly after the estimated one-hour maintenance window.

The decision to perform maintenance is a common practice among cryptocurrency exchanges to ensure the integrity and security of their systems. By proactively managing its infrastructure, Binance aims to bolster user confidence in its platform, especially as transaction volumes and market activity continue to grow. Investors and traders are encouraged to monitor updates closely to avoid disruptions.