Important Announcement: Binance Suspends VIC Trading for Viction Network Upgrade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 20 2025
Binance VIC Suspension Announcement: Binance has announced a temporary suspension of deposits and withdrawals for Viction (VIC) tokens starting at 01:00 UTC on August 21 to facilitate a network upgrade and hard fork.
Importance of Network Upgrades: The Viction network upgrade aims to enhance security, scalability, introduce new features, and improve efficiency, which are essential for the long-term health and innovation of the blockchain.
User Guidance During Suspension: Users are advised to complete any necessary transactions involving VIC tokens before the suspension begins and to stay updated with Binance announcements regarding the resumption of services.
Post-Suspension Process: After the upgrade, Binance will assess the network's stability before resuming services, ensuring that users' VIC tokens remain secure and any token swaps are handled automatically.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
