cryptocurrency

Top Exchanges Offer Support to Cardano Vasil Hard Fork

  • The Plutus V2 cost model network upgrade will also be implemented.
  • Binance also expressed its support for the upgrade.

Vasil’s much-anticipated Cardano (ADA) update is almost here. Everything that needs to be determined in order to proceed with the update has been done. Vasil’s update isn’t the only thing that’s going to happen in September. The Plutus V2 cost model network upgrade will also be implemented next.

Binance has also expressed its support for the update. In a tweet and a blog post, Binance, the world’s largest cryptocurrency exchange, announced its approval of the update. The exchange announced that it will stop ADA deposits and withdrawals at 20:45 UTC on 09-22 2022 and 20:45 UTC on 09-27 2022 while updating its network. Normal service will resume once the updated network is stable.

Undisputed support

In addition to, Crypto.com Continue to support the update. Due to the upcoming update, the exchange will pause deposits and withdrawals on September 22 at 18:00 UTC and September 27 at the same time.

long time now, Gate He was behind Cardano’s Vasil update. In July, to celebrate the anniversary of the improvement, the exchange made a donation from ADA and will support the upgrade.

Several additional exchanges, such as Kraken, HitBTC, Kucoin, etc., have also indicated their approval of the update. Like other services, deposits and withdrawals will be stopped during the upgrade period before resuming once the network is stable. Only Coinbase, one of the largest trading platforms, has yet to announce official support. However, this morning the company tweeted its support.

according to CMCToday, Cardano’s price is $0.451096 with a 24-hour trading volume of $1,105,578,737. Cardano is up 1.26% in the last 24 hours.

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Vasil Hard Fork develops Cardano’s smart contract ecosystem

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