Binance announced technical work with the Ethereum wallet

The press service of the world’s largest cryptocurrency exchange Binance informed its customers that technical work will be carried out on the platform. The wallet service for the Ethereum network (ERC-20) will be closed. This will happen starting at 10:00 Moscow time on November 8, 2022 and will last about two hours.

The technical service of the company noted: the maintenance of the wallet will not affect the process of trading tokens of the ERC-20 standard in the Ethereum network in any way. At the same time, deposits and withdrawals will be suspended 5 minutes before the start of the work. As soon as the update is completed, these functions will be available again without any additional announcements.

In addition, the press service of the platform told about a new trading task, in which users can win up to 10,000 BUSD and 50 NFT limited edition. Binance has offered to celebrate the upcoming FIFA 2022 World Cup in Qatar together with the Binance Futures platform.

In honor of this event, the FOOTBALLUSDT Trading Challenge will be launched on the service, for those customers who make transactions on perpetual FOOTBALLUSDT contracts.

All users will be ranked according to the total trading volume of FOOTBALLUSDT, and the top 20 of them will receive the right to share a reward pool of 10,000 BUSD in the form of vouchers for cryptocurrency assets and 10 limited issues of non-fungible tokens (NFT) consisting of items from the collections of one of the football teams, including the collections of FC Porto Dragon Defenders, Santos FC Hat-Trick: Primeira and Lazio Legendary Jersey I.