Binance urges its users to return DogeCoin

Binance exchange is trying to get their DogeCoin back after many years. Reportedly DogeCoin transactions of Binance got stuck a long time back but now all DogeCoins are released. 

According to reports, Binance exchange facilitated transactions in DogeCoin a long time back but transactions got stuck at that time. But after the update in the DogeCoin network, the transactions were released successfully.

Earlier this week, the developers of the DogeCoin released a new update of the Doge blockchain network and released a 1.14.5 wallet update. The update was dedicated to lowering the transaction fees, enhancing security and increasing overall performance. 

After the upgrade, stuck DogeCoin transactions are now facilitated through the exchange. And this is a clear indication that DogeCoin developers did very big work with this new upgrade. But other side, Binance now hopes that they will get their DogeCoin.

Chinese blogger, Collin Wu, shared this information and said that Binance is reaching to their old users to give the released DogeCoin. 

It is worth noting that the Binance exchange didn’t share about this issue but when DogeCoin transactions got stuck then at that time, the Binance team talked about this matter with the DogeCoin development team. And also suspended the withdrawal and deposit on the DogeCoin network. 

However, the DogeCoin developer team elaborated about this matter officially on Twitter at present time.

“Yesterday we were notified that previously stuck transactions (insufficient fee) had suddenly relayed successfully, post 1.14.5 update – likely because mines have been lowered in 1.14.5”

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