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Home » Markets » KuCoin to Support Bitcoin (BTC) Network Jubilee Upgrade
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KuCoin to Support Bitcoin (BTC) Network Jubilee Upgrade

Crypto Observer StaffBy Crypto Observer StaffJanuary 5, 2024No Comments2 Mins Read
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KuCoin, a major cryptocurrency exchange, will support the Bitcoin (BTC) network Jubilee upgrade. The Bitcoin network’s performance and functionality should improve with a block height of 824,544. The suspension begins at 10:00:00 UTC on January 5, 2024. This is a precaution to ensure a smooth upgrade.

KuCoin Will Support the Bitcoin (BTC) Network Jubilee Upgrade

The Bitcoin (BTC) network Jubilee upgrade will take place at the block height of 824,544. Deposit & withdrawal services of ORDI, SATS, and all other BRC20 tokens will be suspended at 10:00:00 on January 5, 2024 (UTC).

— KuCoin (@kucoincom) January 5, 2024

KuCoin Users to Experience Zero Disruptions During Network Upgrade

Importantly, KuCoin users engaged in trading activities will not experience any disruptions. The network upgrade will not affect BTC, ORDI, SATS, or other BRC20 token trading on the platform. The goal is to make KuCoin trading smooth and uninterrupted. The network update will not affect BTC deposits or withdrawals. KuCoin guarantees smooth service, displaying its commitment to consumer pleasure.

Famous for its crypto services, KuCoin offers basic, margin, futures, and P2P trading. The exchange allows users to stake or lend cryptocurrency for incentives, demonstrating its versatility. To minimize inconveniences, KuCoin will manage all technical aspects of the Bitcoin network Jubilee upgrade for its users. Giving users a good experience demands handling upgrades well.

KuCoin’s Support Reflects Commitment to Easy Cryptocurrency Trading

KuCoin will evaluate Bitcoin’s stability after Jubilee. After network stability checks, the exchange will resume Bitcoin (BTC) token deposits and withdrawals. KuCoin will officially notify users of these services’ resumption. With the Bitcoin network Jubilee update, KuCoin shows its commitment to crypto transaction security and efficiency. KuCoin informs users of service suspensions and reopenings to ensure a reliable and easy trading experience.

The ever-changing crypto environment requires centralized exchanges to respond to network advancements and adjustments. KuCoin supports the Bitcoin network Jubilee upgrade to offer its global users a reliable and fast trading platform. With blockchain networks growing, exchanges like KuCoin make cryptocurrency trading and investing easy.

Read the full article here

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