Binance Coin to Conduct Scheduled Maintenance on March 25th
Binance Coin has announced that it will be conducting wallet maintenance for the Tron Network TRX. The maintenance is scheduled to start on March 25th at 07:00 am UTC.
Refer to the official tweet by BNB:
Binance@binanceMar 22, 2024#Binance will perform wallet maintenance for Tron Network $TRX starting from March 25, 2024 at 07:00am UTC.
Trading will not be impacted, but deposits and withdrawals will be temporarily suspended and will reopen once the maintenance is completed.https://t.co/qRgVQnaqv3
BNB Info
BNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com.
As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network.