cyrpto April, Binance, BNB, Chain, deposit, smart, suspend, temporarily, withdrawal Mark April 15, 2025 0 Comments

Binance to suspend deposit and withdrawal for BNB Smart Chain temporarily on April 17

Binance users will not be able to make deposits and withdrawals on the Smart BNB channel because it will be temporarily suspended while the platform maintains the portfolio.

According to a recent announcementThe main exchange of crypto plans to play wallet BNB interview (Bnb) Smart chain from April 17 at 06:00 UTC. Consequently, the network will be temporarily decreasing as the repairs are carried out. This means that users will not be able to make deposits and withdrawals for the BNB smart channel at the moment.

The temporary suspension will take place five minutes before the portfolio maintenance starts. Therefore, deposits and withdrawals for BNB Smart Chain will be interrupted on April 17 at 05:55 UTC.

However, Binance said users will always be able to exchange BNB tokens during portfolio maintenance, as tokens trading will not be affected by the network suspension.

Based on the information, portfolio maintenance should take approximately an hour. However, it is not a guarantee that the suspension will be lifted after an hour. Binance said deposits and withdrawals will resume once the network is considered stable sufficiently.

GART Property Production of BNB Smart Chain Network in Binance throughout 2025 so far, April 15, 2025 | Source: Defi Lama — GART Property Production of BNB Smart Chain Network in Binance throughout 2025 so far, April 15, 2025 | Source: Challenge flame

BEP-20 is the standard for tokens deployed on the BNB intelligent channel, formerly known as Binance Smart Chain. It is designed to be compatible with common ERC-20 tokens on Ethereum (Ethn). Launched in September 2020, BEP-20 represents various cryptographic assets that reside on the BNB smart chain and are used for all smart contracts.

According to data On Defi Lama, BSC has a Total locked value This represents $ 5.14 billion and 1.25 million active chain addresses. In the past 24 hours, the network has accumulated $ 613,348 in chain fees and $ 667 million Dex volume.

BNB Smart Chain is home to more than 1,500 decentralized applications or dappswith an accent on Challenge Protocols. Many of these protocols are linked to decentralized exchanges. The network also sees the activity of 1,000 additional projects in other sectors.