Binance Will Temporarily Halt Deposits For Tron (TRX)

Key Points:

• Binance has stated that it would execute wallet maintenance for Tron Network (TRX) on January 30, 2023, at 6 a.m. (UTC).
• Binance says it will resume deposits, albeit it might not send out a message to users. The cryptocurrency exchange recently declared that it had finished the 17th round of the airdrop to holders of TRON (TRX) for APENFT (NFT).
• Tron protocol has now been proposed as the nation’s blockchain infrastructure, and TRX has been declared legal tender for everyday use.

Binance, a cryptocurrency exchange, has stated that it would execute wallet maintenance for Tron Network (TRX) on January 30, 2023, at 6 a.m. (UTC). About an hour will pass throughout this.

Deposits on the Tron Network (TRX) will consequently be temporarily halted starting on January 30 at 5:55 a.m. UTC.

However, wallet maintenance won’t have an impact on withdrawals made over the Tron Network (TRX). Additionally, there won’t be any effects on the trade of digital assets on the Tron Network (TRX).

After the maintenance is finished, Binance says it will resume deposits, albeit it might not send out a message to users. The cryptocurrency exchange recently declared that it had finished the 17th round of the airdrop to holders of TRON (TRX) for APENFT (NFT).

Rising adoption of Tron (TRX)

The price of Tron (TRX) in the last day was $0.062, hardly increased. The administration of the island of St. Maarten in the eastern Caribbean may shortly legally adopt Tron. The leader of this movement is Member of Parliament (MP) Rolando Brison, who also serves as the second vice chairman of the parliament of St. Maarten.

The Tron protocol has now been proposed as the nation’s blockchain infrastructure, and TRX has been declared legal tender for everyday use. Justin Sun, the founder of Tron, tweeted about the milestone:

“Another milestone for TRON. St. Maarten to adopt TRON as legal tender marks another achievement for our push on worldwide blockchain adoption.”

The Commonwealth of Dominica recognized Tron as its national blockchain and declared seven cryptocurrencies built on the Tron platform to be legal money in an official statement in October 2022.

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