The post Deposits And Withdrawals Cease October 15 appeared on BitcoinEthereumNews.com.

Are you holding Binance NEO tokens? If so, there’s a crucial update you need to know. Leading crypto exchange Binance has officially announced that it will cease all deposits and withdrawals for tokens on the Neo Legacy (NEO) network. This significant change takes effect at 08:00 UTC on October 15. It’s vital for all Binance NEO users to understand the implications and take timely action. What’s Happening with Binance NEO Services? Binance, a global leader in cryptocurrency trading, confirmed its plan to halt support for Neo Legacy network transactions. This means that after the specified date and time, you will no longer be able to deposit or withdraw NEO tokens using the Neo Legacy chain on the Binance platform. This decision directly responds to an upcoming fundamental change within the Neo ecosystem itself. The move by Binance ensures the security and stability of its platform for users. While the immediate focus is on the cessation of services for the Neo Legacy network, it’s important to differentiate this from other Neo-related services. This specific announcement pertains only to the older Neo Legacy chain, not necessarily the newer Neo N3 network, which operates differently. Users who hold Binance NEO assets should pay close attention to the exact deadline. Missing this window could lead to complications in accessing or moving your funds. This is a clear example of how dynamic the crypto world can be, with exchanges constantly adapting to network developments. Why is Binance Halting Neo Legacy Network Support for Binance NEO? The primary reason behind Binance’s decision to cease Binance NEO deposits and withdrawals on the Neo Legacy network is the planned shutdown of the network itself. The Neo community has been transitioning from the older Neo Legacy chain to the more advanced Neo N3 blockchain for some time. This migration…

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Filed under: News - @ August 18, 2025 8:21 am