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

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.

Important Announcement: Binance Suspends VIC Trading for Viction Network Upgrade

About the author

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