Binance users take note! Existing deposit addresses for Bitcoin and other cryptocurrencies will be changed in the third quarter.

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Binance users take note! Existing deposit addresses for Bitcoin and other cryptocurrencies will be changed in the third quarter.

Binance announced on 9/6 that, for higher efficiency and enhanced fund security, Binance will gradually disable certain deposit addresses and memo tags from July to September in the third quarter.

Binance will replace existing deposit addresses for Bitcoin and other cryptocurrencies in the third quarter

Binance has stated that users who have not received an official notification from Binance should continue to use their current deposit addresses. Only affected users will need to obtain new deposit addresses and Memo before the expiration date.

Do not panic if you deposit to expired Binance addresses

Binance has reassured that funds deposited to expired addresses will remain safe and will not be lost. Users can manually reconcile the deposits through their transaction history.

Assets including BTC, BCH, SEGWITBTC, XRP, SOL, XMR, LTC, ADA, DOGE, and others are part of Binance's plan. For more details, please refer to the announcement.