Binance Halts eCash Deposits for Network Upgrade

Binance will suspend eCash (XEC) deposits and withdrawals on May 15, 2025, to facilitate a network upgrade and hard fork.

This suspension, aligning with Binance’s protocol for upgrades, avoids disruptions while trading remains unaffected.

Binance to Suspend eCash Operations on May 15, 2025

Binance announced the suspension of eCash deposits and withdrawals starting May 15, 2025. The suspension is to support the eCash network’s upgrade and hard fork, maintaining smooth operations. “Starting at approximately 2025-05-15 11:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the eCash (XEC) network to support its network upgrade and hard fork to ensure the best user experience.”^[1]

Binance CEO Richard Teng, alongside the eCash project team, oversees this process. The upgrade will occur at block height 1,747,310,400, necessitating temporary suspension.

Trading Unaffected Amid Network Upgrade Suspension

Binance assures users the trading of eCash will remain unaffected. Users can trade XEC while deposits and withdrawals are paused for network upgrades.

The broader market and major cryptocurrencies remain unaffected, affirming Binance’s effective handling of routine maintenance during network upgrades.

Historical Upgrades Show Seamless User Experience

Similar precedents include Binance suspending operations for Ethereum upgrades. Historically, these measures ensure network integrity and user security.

Based on past data, no significant market disruptions occur during these maintenance windows, predicting a seamless experience for users.

^[1] Binance Announcement, Official Statement, Binance – May 2025.

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