Binance, the world’s largest cryptocurrency exchange, started the day with the altcoin announcement.
At this point, Binance announced that the altcoin named Harmony (ONE) will support the network upgrade and hard fork.
Binance included the following statements in its statement:
“Binance will support Harmony (ONE) network upgrade and hard fork.
The upgrade and hard fork will take place approximately at 17:30 UTC on 02.11.2023.
Token deposits and withdrawals on the Harmony network will be suspended starting approximately 02.11.2023 at 16:30 UTC.
Token trading on the Harmony network will not be affected.
Binance will meet all technical requirements for all users.
Deposits and withdrawals for tokens on the Harmony network will be reopened once the upgraded network is deemed stable. “No further announcements will be made.”
After Binance’s announcement, Harmony (ONE) price increased by 4% to $0.0122. ONE continues to trade at $0.01209 at the time of writing.
*This is not investment advice.