#BinanceAlphaUpdate

Binance has announced it will discontinue support for certain token transactions on the BNB Smart Chain (BEP-20) effective June 16. The affected tokens include:

  • Stafi ($FIS ) via BNB Smart Chain (BEP-20)

  • Measurable Data Token ($MDT ) on BNB Smart Chain (BEP-20)

After this date, any deposits of these tokens made via the BNB Smart Chain will not be credited to user accounts and could result in permanent loss of funds, the exchange warned.


Other Networks Remain Available

Despite the suspension, users will still be able to deposit and withdraw FIS and MDT using other supported networks. While Binance has not detailed which alternatives will remain active, users are encouraged to consult the platform’s wallet and deposit pages for the most current information.

This update is part of Binance’s ongoing initiative to streamline its network infrastructure and mitigate the operational complexities and risks associated with multi-chain support.

Binance strongly advises users to verify their withdrawal network settings and adjust any automated transactions ahead of the cut-off date to avoid disruptions.