Important announcement of Binance exchange; Users should be prepared for temporary system disruptions!

Binance, the world’s largest cryptocurrency exchange, has issued an important warning to users about upgrading their system.

The upgrade is scheduled to begin on September 25th at 6:30 AM UTC and will last for approximately three hours. The purpose of this action is to improve the performance of the system and increase its stability.

According to Binance, some services such as account login, registration and trading in spot, margin, futures and peer-to-peer (P2P) segments may be temporarily disrupted.

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However, these disruptions may only last a few minutes for each user, after which users can access the system again.

Binance emphasized that users’ data and assets will not be affected by this upgrade and will remain secure. Also, transactions through the API are not affected.

However, users should be aware that they may not be able to access their accounts or make changes to their positions and orders during the upgrade.

In this regard, Binance asked its users to take necessary measures to manage their accounts before the upgrade to avoid possible risks and losses during the system upgrade (including, but not limited to, forced liquidations and market fluctuations).

To this end, users can avoid possible risks such as forced settlement and market volatility by reducing leverage, adding margin and closing their positions or orders.

Binance also noted that the duration of the upgrade may change and is based on best estimates. Once the upgrade is complete, Binance services will return to normal and no additional announcements may be made in this regard.