Binance, one of the largest cryptocurrency exchanges in the world, has announced a scheduled system upgrade for its Spot and Margin trading platforms. The upgrade is set to begin on September 19, 2024, at 09:30 UTC and is expected to last approximately 10 minutes.
The exchange assured users that trading activities will continue uninterrupted during the upgrade. However, some functionalities will be temporarily impacted, including the ability for App, Website, and Desktop users to view open orders placed during the upgrade. As a result, users may be unable to cancel pending orders that are not visible during this period.
Key Improvements in the Upgrade:
Enhanced data system performance and stability, aimed at improving the overall user experience.
Important Notes for Users:
API Users: Those using APIs will still be able to access open order data for their placed orders.
Order Confirmation: Users can verify whether their orders have been filled or placed by checking asset balance changes in their Spot and Margin Wallets.
Binance has indicated that the 10-minute duration is an estimate and may vary depending on the upgrade’s progress. Updates regarding the upgrade will be communicated through Binance’s social media channels. However, there will be no further announcements when the upgrade is completed.
This upgrade reflects Binance’s ongoing commitment to enhancing its platform and providing a seamless trading experience for its global user base.
