Binance is preparing for the upcoming Celo Network upgrade on July 9 as part of the network's ongoing development.
In preparation for the upgrade, Binance will halt deposits and withdrawals for CELO and associated tokens at 17:00 UTC on the upgrade day.
The actual hard fork to implement technical improvements is scheduled for approximately an hour later, at 18:00 UTC.
While trading for CELO tokens will continue uninterrupted on Binance, deposit and withdrawal functionality will be restored post-upgrade without a separate announcement.