Deposit and Withdrawal of Band Protocol (BAND) Temporarily Out of Service on 13/07/2021 from 02:00 PM (GMT+7) onwards

Modified on Sat, 18 Feb, 2023 at 2:52 PM

Bitkub will temporarily suspend the deposit and withdrawal of BAND for the Bandchain system upgrade.

Any transaction of BAND could not proceed during the period. However, trading (Buy & Sell) will not be affected.


System upgrade details

  • This upgrade will occur after the official voting results on 12/07/2021. If an upgrade is required, the developer team will perform the upgrade on 13/07/21 at 6:00 PM (GMT+7). It is estimated to take 6 hours to complete.
  • This will upgrade  Bandchain from Phase 1 (GuanYu) to Phase 2 (Laozi).
  • Laozi proposes three significant features: Streaming Revenue Feature for Data Providers, Inter-Blockchain Communication Protocol, and Throughput Optimization (8x Increase in Requests Per Block).


Issue    Scheduled Maintenance of BAND Deposit and Withdrawal.
Date     13 July 2021
From    02:00 PM (GMT+7)
To          11:30 AM (GMT+7) on 15 July 2021 (for Testnet only. For Mainnet, please wait for further notice.)


  • Because the exact block time cannot be specified for the upgrade, therefore, we need to announce the temporary suspension earlier than the official schedule to prevent mistakes.
  • However, if there is a change in our scheduled maintenance near the upgrade time, you will be notified accordingly.

We apologize for any inconvenience caused.

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