CoinOtag
2025-10-03 15:46:16

Binance to Support Polygon Hard Fork, Deposits and Withdrawals May Pause While Markets Stay Open

Binance will fully support the Polygon hard fork scheduled for October 8, 2025, pausing deposits and withdrawals briefly around block 77,414,656 while keeping markets open; users do not need to take action and funds will remain secure. Binance supports the Polygon hard fork and will freeze deposits/withdrawals before activation Trading for Polygon-based tokens will remain open during the upgrade; deposits and withdrawals resume after verification. Upgrade activates at block 77,414,656; deposits/withdrawals freeze ~16:12 local time and reopen automatically post-fork. Binance support for Polygon hard fork confirmed; deposits/withdrawals paused temporarily—no action needed by users. Monitor account status for reopen notices. What is Binance’s support plan for the Polygon hard fork? Binance support for the Polygon hard fork means the exchange will manage the technical update on behalf of customers, freezing deposits and withdrawals shortly before the fork and reopening them automatically once the network stabilizes. Markets for Polygon-based tokens will stay open to avoid trading disruption. How will Binance handle deposits and withdrawals during the Polygon hard fork? Binance will pause deposits and withdrawals roughly one hour before the expected activation at block 77,414,656 (around 16:12 local time). Markets, including spot and futures for Polygon tokens, will remain active. Once nodes report finality and the chain is validated post-fork, Binance will reopen services automatically. { "@context": "https://schema.org", "@type": "NewsArticle", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://en.coinotag.com/news/binance-supports-polygon-hard-fork-oct-2025" }, "headline": "Binance Confirms Support for Polygon Hard Fork Next Week", "description": "Binance will fully support the Polygon hard fork scheduled for October 8, 2025, pausing deposits and withdrawals briefly while keeping markets open; users need not act.", "image": [ "https://en.coinotag.com/images/polygon-hard-fork.jpg" ], "datePublished": "2025-10-03T18:05:00+00:00", "dateModified": "2025-10-03T18:05:00+00:00", "author": { "@type": "Organization", "name": "COINOTAG", "url": "https://en.coinotag.com" }, "contributor": { "@type": "Person", "name": "Alexander Zdravkov", "description": "Reporter with more than 3 years experience in the crypto space; fluent in German and focused on blockchain trends." }, "publisher": { "@type": "Organization", "name": "COINOTAG", "logo": { "@type": "ImageObject", "url": "https://en.coinotag.com/images/logo.png" } }, "keywords": "Binance support for Polygon hard fork, Polygon hard fork, Binance Polygon upgrade, Polygon deposits withdrawals pause"} Published: 3 October 2025 | 18:05 Polygon is preparing an upgrade that will activate at block 77,414,656 on October 8, 2025. Binance confirmed its support for the Polygon hard fork and said it will freeze deposits and withdrawals approximately one hour before activation to ensure a clean state transition. Trading for Polygon-based tokens will remain available across spot and futures markets. This approach minimizes disruption for traders while the exchange manages the backend node upgrades and replay protection steps required for a safe fork. Users are advised that no action is required on their part. Binance will perform the technical coordination, and funds will remain secure on exchange wallets. Deposits and withdrawals will be reopened automatically once network stability and block finality are confirmed. Context: Polygon is a widely used Ethereum scaling solution known for low fees and high throughput. This upgrade targets performance and stability improvements intended to support increased DeFi and Web3 activity on the chain. Note on sources: Announcement details were provided by Binance and network activation parameters originate from Polygon developer communications and block explorers (sources referenced as plain text). Frequently Asked Questions Will I need to move funds during the Polygon hard fork? No. Binance support for the Polygon hard fork means users do not need to move funds. Deposits and withdrawals will be paused and then reopened automatically after the fork is validated; trading remains open. How long will deposits and withdrawals be paused? Deposits and withdrawals will be paused starting about one hour before activation (around 16:12 local time) and will reopen after the exchange verifies the network post-fork. The exact downtime depends on block finality and chain health. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Will I need to move funds during the Polygon hard fork?", "acceptedAnswer": { "@type": "Answer", "text": "No. Binance will manage the upgrade and suspend deposits and withdrawals temporarily; users do not need to take action." } }, { "@type": "Question", "name": "How long will deposits and withdrawals be paused?", "acceptedAnswer": { "@type": "Answer", "text": "Deposits and withdrawals pause roughly one hour before activation and resume automatically after the exchange confirms network stability." } } ]} { "@context": "https://schema.org", "@type": "HowTo", "name": "What to do during the Polygon hard fork", "description": "Simple steps users can follow during the Polygon network hard fork when using centralized exchanges.", "step": [ { "@type": "HowToStep", "position": 1, "name": "Check exchange announcements", "text": "Review official exchange updates for exact freeze times and reopening notices." }, { "@type": "HowToStep", "position": 2, "name": "Avoid deposits before pause", "text": "Do not attempt deposits shortly before the scheduled freeze to prevent delays." }, { "@type": "HowToStep", "position": 3, "name": "Keep trading if desired", "text": "Continue trading on spot and futures markets while deposits and withdrawals are suspended." }, { "@type": "HowToStep", "position": 4, "name": "Monitor account for reopen", "text": "Wait for the exchange to confirm reopened deposits and withdrawals; do not assume immediate availability." } ]} Key Takeaways Binance support: Binance will fully support the Polygon hard fork and handle the technical upgrade for users. Service pause: Deposits and withdrawals are temporarily paused around the fork; trading stays open. User action: No action required—monitor account notifications for automatic reopen of services. Conclusion Binance support for the Polygon hard fork aims to make the upgrade seamless for users by coordinating freezes, managing node upgrades, and reopening services after verification. Polygon’s upgrade seeks to improve performance and stability for DeFi and Web3 developers; users should monitor account notices and resume normal activity once the exchange confirms reopenings.

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