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Binance to Stop Supporting Token Deposits and Withdrawals on Specific Networks

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by Giorgi Kostiuk

2 years ago

Binance, a leading global cryptocurrency exchange, has announced the cessation of support for token deposits and withdrawals through certain networks starting October 23, 2024, at 11:00 AM.

Changes in Network Support

After the mentioned date, any deposits made through the specified networks will not be credited to user accounts and may result in asset loss.

List of Affected Tokens and Networks

The affected tokens and their 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 via the Matic Network.

Recommendations for Users

Users are encouraged to verify available networks before making deposits or withdrawals to ensure successful transactions. The exchange advises adjusting deposit and withdrawal methods for the affected tokens before the deadline to avoid potential disruptions or loss of funds.

Binance advises all users to consider these changes and take timely actions to protect their assets. For more details, users can refer to Binance’s official announcements and help center.

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