Binance Temporarily Suspends eCash (XEC) Deposits and Withdrawals for Network Upgrade

Binance announced that it will temporarily halt deposits and withdrawals of eCash (XEC) beginning May 15, 2025, to facilitate a network upgrade and hard fork at block height 1,747,310,400. Trading of XEC will not be affected during the upgrade. The move is part of Binance's standard protocol to ensure network security and maintain a seamless user experience during infrastructure changes. Binance CEO Richard Teng and the eCash project team will oversee the upgrade process, aiming to minimize disruption. Historically, Binance has managed similar network upgrades, such as with Ethereum, without causing significant market disturbances. No negative financial or regulatory issues are associated with this maintenance. Services are expected to resume after the network upgrade is completed, reinforcing Binance’s continued commitment to safe operations.