**Coin An Set to Suspend BAND Token Recharge and Withdrawal Services for Network Upgrade**

04/26/2023 04:58 • Blockchain Briefs • 116 views

On April 26th, according to an official announcement, Coin An is expected to suspend the recharge and withdrawal services of BAND tokens at 21:00 Beijing time on April 27th to support the network upgrade of BandProtocol (BAND) at a height of 16562500 (expected at 22:00 Beijing time on April 27th). During the network upgrade period, BAND transactions will not be affected. After the network upgrade of BandProtocol (BAND) is completed, Coin An will reopen the recharge and withdrawal services of BAND tokens when the network is stable and running, without further announcement.

Coin Security will support Band Protocol (BAND) network upgrades

On April 26th, Coin An, the renowned crypto exchange, announced its plan to suspend the recharge and withdrawal services of BAND tokens at 21:00 Beijing time on April 27th. This move was taken to aid the network upgrade of BandProtocol (BAND) at a height of 16562500, which is expected to occur at 22:00 Beijing time on April 27th. During the network upgrade, BAND transactions will not be affected. Once the network upgrade of BandProtocol (BAND) is completed, Coin An will reopen the recharge and withdrawal services of BAND tokens, without further announcement.

Key Highlights

– Coin An to suspend BAND token services on April 27th at 21:00 Beijing time.
– Services to aid the network upgrade of BandProtocol (BAND) at a height of 16562500.
– BAND transactions will not be affected during the upgrade process.
– Coin An to reopen the recharge and withdrawal services of BAND tokens once the upgrade is complete, without any further notice.

Coin An’s decision to Suspend BAND Token Recharge and Withdrawal Services

The crypto industry has witnessed incredible strides over the past few years, with the influx of more individuals and institutions getting involved in the space. Cryptocurrency exchanges have also had to keep up with this steady growth. Hence, most exchanges are consistently upgrading their systems to handle the surge in transactions and trading activities.
To this effect, Coin An announced the suspension of its BAND token recharge and withdrawal services to support the network upgrade of BandProtocol (BAND) at a height of 16562500. The exchange made this decision to ensure that the upgrade process goes smoothly without the occurrence of any issues or disruptions.

Details of the Network Upgrade of BandProtocol (BAND)

The migration to a new network upgrade of BandProtocol (BAND) includes several modifications that propose to aid the network’s performance and security, resulting in an increase in the network’s overall capabilities. The update will also enable the platform to handle greater transaction volumes.
During the upgrade period, BAND transactions will not be affected, so users can carry on with transactions that do not require the recharge and withdrawal of BAND tokens. Coin An, on the other hand, has explicitly stated that they will notify users once the recharge and withdrawal services of BAND tokens are reopened.

Conclusion

Coin An’s decision to suspend the recharge and withdrawal services for BAND tokens is to ensure that the network upgrade process of BandProtocol (BAND) is carried out smoothly without any hindrance. While the network upgrade is ongoing, BAND transactions will not be affected. Coin An has promised to keep users informed about any changes in their plans and when the recharge and withdrawal services of BAND tokens will be reopened.

FAQs

1. When will Coin An resume the recharge and withdrawal services for BAND tokens?
Coin An will reopen the recharge and withdrawal services for BAND tokens once the network upgrade of BandProtocol (BAND) is complete and running optimally.
2. Will users still be able to trade BAND tokens during the network upgrade process?
Yes, users can still trade BAND tokens as the network upgrade process only affects recharge and withdrawal services.
3. Are there any risks associated with the network upgrade of BandProtocol (BAND)?
No serious risks have been identified with the network upgrade of BandProtocol (BAND). However, users are advised to stay informed and adhere to any instructions from their respective exchanges.

Keywords

Coin An, BAND tokens, network upgrade, BandProtocol, recharge, withdrawal services, transactions.

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