Bitcoin Exchange Binance Announces It Will Suspend Deposits and Withdrawals of Many Altcoins on the BNB Network!
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 09 2024Binance's Network Changes: Binance will cease support for deposits and withdrawals of specific tokens via certain networks starting October 23, 2024, at 11:00 AM, urging users to act before the deadline to avoid asset loss.
User Guidance: Users can still transact with the affected tokens through other supported networks and are encouraged to verify network availability to ensure successful transactions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
