Binance Will Temporarily Suspend Withdrawals and Deposits on the Ethereum Network: Details

The exchange of tokens on the network will not be affected, the exchange is guaranteed.

The world’s largest crypto exchange will support the upgrade later this week, when token deposits and withdrawals from the Ethereum network will be suspended.

Additionally, it will expand the list of trading options on Binance Spot, as the effort is also focused on stablecoin U (United Stables).

Future Developments

Binance revealed that the Ethereum network upgrade is scheduled for March 10 and is expected to take about an hour to complete. Once the process is completed and the system is confirmed to be working normally, deposits and withdrawals will resume.

The company confirmed that the trading of goods in the aforementioned system will not be affected and promised to handle all the technical needs related to the user. It also said that there are no further announcements on the above.

This is a standard process that Binance has done seamlessly many times before. Without pausing Ethereum-related operations during development, the exchange has implemented similar measures to support development across different ecosystems, including Cardano, BNB Smart Chain, and others.

Binance also shared another update with its community today (March 9). It has confirmed that new trading pairs – BCH/U, NEAR/U, TRX/U, and NEAR/USD1 – will go live on March 10, with the launch of support for Trading Bots on the same day.

The listing effort also focuses on U (United Stables) – a stablecoin launched last year and pegged to the greenback. Last week, the company opened the trading of AVAX/U, LINK/U, LTC/U, PAXG/U, and ZEC/U. Before that, it added ADA/U, DOGE/U, and PEPE/U to its Cross Margin category, while XRP/U, SUI/U, ASTER/U, and PAXG/U were listed in its Spot market.

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They are not erased

The exchange has a strict policy of discarding certain pairs that no longer meet their standards.

On March 5, it said goodbye to cross margin pairs CHZ/BTC, CAKE/BTC, ENA/BTC, UNI/ETH, CRV/BTC, INJ/BTC, XTZ/BTC, and cross margin pairs FET/BTC, OP/BTC, PAXG/BTC, CHZ/BTC, TCBTC, CENA/BTC, CENA/BTC, CENA/BTC, CENA/BTC INJ/BTC, XTZ/BTC. A day later, it removed the trading pairs from the spot CHZ/BNB, ENA/BRL, NEIRO/JPY, and RLC/BTC.

When delisting focuses on a specific cryptocurrency rather than trading pairs, it usually has a negative price impact. This was the case in late 2025 when Binance terminated all services with Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). The digital assets involved crashed by double digits shortly after the announcement.