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Bitcoin Exchange Binance Announces It Will Suspend Deposits and Withdrawals of Many…
Bitcoin Exchange Binance Announces It Will Suspend Deposits and Withdrawals of Many Altcoins on the BNB Network!
Binance has announced that it will stop supporting deposits and withdrawals of various tokens via the BNB network.
Author:
Utku Yanık
09.10.2024 – 06:41
Update:
5 seconds ago
0
Binance, a leading global cryptocurrency exchange, has announced that it will stop supporting deposits and withdrawals of various tokens through certain networks starting October 23, 2024, at 11:00 AM.
Binance to Stop Supporting Token Deposits and Withdrawals on Select Networks Until October 23, 2024
Users are advised to take action before the deadline to avoid possible asset losses.
After the blackout period, any deposits made through the specified networks will not be credited to users’ accounts and may result in loss of assets. The affected tokens and their respective networks are:
Beta Finance (BETA) via BNB Smart Chain
Cream Finance (CREAM) via BNB Smart Chain
Linear Finance (LINA) via BNB Smart Chain
IRISnet (IRIS) via BNB Smart Chain
Unfi Protocol DAO (UNFI) via BNB Smart Chain
Kava Lend (HARD) via BNB Smart Chain
CLV (CLV) via BNB Smart Chain
Prosper (PROS) via BNB Smart Chain
VITE (VITE) via BNB Smart Chain
Ooki Protocol over Matic Network (OOKI)
Despite the removal of support for these specific networks, Binance users will still be able to deposit and withdraw the affected tokens via other networks that Binance continues to support.
The platform encourages users to verify existing networks before making any deposits or withdrawals to ensure successful transactions.
Binance advises all users to adjust their deposit and withdrawal methods for the affected tokens before the 11:00 AM deadline on October 23, 2024 to avoid any potential disruptions or loss of funds.
For more information, users can refer to Binance’s official announcements and help center for guidance on network availability and alternatives to manage their assets.
*This is not investment advice.
To invest in more than 300 cryptocurrencies, you can register with Binance exchange with 20% COMMISSION DISCOUNT from this link!
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