{"id":36963,"date":"2024-08-30T15:33:24","date_gmt":"2024-08-30T15:33:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-to-support-cardano-and-polygon-network-upgrades\/"},"modified":"2024-08-30T15:33:24","modified_gmt":"2024-08-30T15:33:24","slug":"binance-to-support-cardano-and-polygon-network-upgrades","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-to-support-cardano-and-polygon-network-upgrades\/","title":{"rendered":"Binance to support Cardano and Polygon network upgrades"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_Binance-3-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_Binance-3-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_Binance-3-2-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_Binance-3-2-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Binance will support Cardano and Polygon\u2019s upcoming network events in September 2024.<\/span><\/li>\n<li>Cardano has its Chang hardfork scheduled for Sept. 1 and Polygon will see its MATIC to POL token transition start on Sept. 4.<\/li>\n<li>Binance will delist MATIC trading pairs on Sept. 10 and open POL trading pairs on Sept. 13.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Crypto exchange Binance has announced that it will support the upcoming network upgrades for Cardano (ADA) and Polygon (MATIC).<\/span><\/p>\n<p><span style=\"font-weight: 400\">In separate announcements on Aug. 30, the exchange notified its customers and the broader cypto community that it would support Cardano\u2019s Chang hard fork and Polygon\u2019s MATIC to POL token migration.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Binance to support Cardano hard fork<\/span><\/h2>\n<p><span style=\"font-weight: 400\">On September 1, 2024, the <a href=\"https:\/\/coinjournal.net\/news\/tag\/cardano\/\">Cardano<\/a> network will activate its highly anticipated Chang hard fork. The upgrade that will introduce voting and treasury systems as part of Cardano\u2019s governance and decentralization initially delayed from an expected implementation date on Aug. 27.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Binance and other exchanges had been unprepared for the hard fork. In a post on X, Cardano founder Charles Hoskinson noted that the delay was to allow these crucial ecosystem players prepare. Exchanges have reportedly reached the required threshold of 85%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The magic of deadlines is that people who aren&#8217;t taking upgrades seriously suddenly say damn we got to get moving. When they get moving, we converge quickly. <\/p>\n<p>It looks like Binance and a few others need more time to get their houses in order, so the rocket is going to wait on\u2026<\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1827011621455294743?ref_src=twsrc%5Etfw\">August 23, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">According to an update, the staking pool operators (SPOs) threshold has also been reached. Decentralized applications (dApps) are also ready and a vote to go live is \u201cunanimously\u201d agreed on for Sept. 1.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Binance will disable ADA deposits and withdrawals as part of the support for the hard fork.\u00a0\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance will support the Cardano (ADA) network upgrade and hard fork.<\/p>\n<p>\ud83d\udc49 <a href=\"https:\/\/t.co\/P13No4FWwE\">https:\/\/t.co\/P13No4FWwE<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1829504595317690750?ref_src=twsrc%5Etfw\">August 30, 2024<\/a><\/p>\n<\/blockquote>\n<h2><span style=\"font-weight: 400\">Polygon\u2019s MATIC to POL token swap<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Also getting Binance\u2019s support is the upcoming Polygon token migration.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The exchange will delist all MATIC trading pairs on September, 2024 at 03:00 UTC and add support for the new token with ticker POL.\u00a0 New POL trading pairs will go live on September 13, 2024 at 10:00 UTC, Binance<\/span> <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-will-support-the-polygon-matic-token-swap-to-polygon-pol-6a6de383727f4659a3050f7982e1620f?hl=en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Polygon expects the MATIC to POL token swap to <a href=\"https:\/\/coinjournal.net\/news\/polygons-matic-to-pol-upgrade-set-for-september\/\">go live on Sept. 4<\/a>. Per this earlier announcement, POL will facilitate native gas and staking fuctions on Polygon PoS before expanding to cover other network uses.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/binance-to-support-cardano-and-polygon-network-upgrades\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Binance will support Cardano and Polygon\u2019s upcoming network events in September 2024. Cardano has its Chang hardfork scheduled for Sept. 1 and Polygon will see its MATIC to POL token transition start on Sept. 4. Binance will delist MATIC trading pairs [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":36964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36963"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36963"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36964"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}