Binance, the largest digital asset exchange by trading volumes, has announced that it will support Cardano’s upcoming Alonzo upgrade.
The holders of ADA will temporarily not be able to deposit or withdraw the cryptocurrency. However, trading will not be impacted by the hard fork.
As reported by U.Today, Cardano’s most important upgrade to date, which will make it possible to launch smart contracts on the proof-of-stake blockchain, will officially take place on Sept. 12.
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Alex DovbnyaADA is currently trading at $2.53 on Binance after a 6% spike.
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