Binance, a leading global cryptocurrency exchange, has announced it will stop supporting deposits and withdrawals of several tokens via specific networks starting from October 23, 2024, 08:00 UTC. Users are advised to take action before the deadline to avoid potential loss of assets.
Impacted Tokens and Networks
After the cutoff time, any deposits made via the specified networks will not be credited to users’ accounts and could result in asset loss. 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 (OOKI) via Matic Network
Alternative Networks Still Supported
Despite the removal of support for these specific networks, Binance users will still be able to deposit and withdraw the affected tokens through other networks that Binance continues to support. The platform encourages users to verify the available networks before making any deposits or withdrawals to ensure successful transactions.
Important Reminder
Binance advises all users to adjust their deposit and withdrawal methods for the impacted tokens prior to the October 23, 2024, 08:00 UTC deadline 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 for managing their assets.
