Binance Upgrades Infrastructure and Announces Changes to Deposit Addresses

Binance, the world’s largest cryptocurrency exchange, is upgrading its infrastructure to enhance security and efficiency. Users must note changes to deposit addresses and obtain new ones before the old addresses expire. Funds sent to expired addresses will not be lost but require manual recovery. Binance prioritizes asset safety and a seamless trading experience.

Binance Enhances Security and Efficiency with Infrastructure Upgrade

Binance, the world’s largest cryptocurrency exchange, has initiated a significant infrastructure upgrade to bolster security and improve operational efficiency. As part of this upgrade, Binance will be disabling certain outdated deposit addresses across multiple blockchains, including Ethereum, Tron, BNB, and Stellar.

Important Information for Binance Users: Changes in Deposit Addresses

Users of Binance are advised to take note of the changes being implemented in deposit addresses for specific blockchains. Binance will be sending email notifications to affected users, outlining the expiration dates of their existing deposit addresses. It is strongly recommended that users obtain new addresses and memos after receiving the notification. The old deposit addresses will become invalid once the transition is completed.

Ensuring Asset Safety: Handling Payments to Expired Addresses

Binance assures users that funds sent to expired deposit addresses will not be lost. However, immediate refunds for payments made to expired addresses will not be available. To recover these funds, users must manually initiate the deposit process using the “transaction history” page. It is crucial to avoid making any deposits to expired addresses to prevent complications and ensure the security of assets.

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