Binance is set to upgrade its wallet infrastructure and has warned users about an upcoming address migration. The exchange will be retiring selected deposit addresses in batches as part of a network address migration scheduled for Q3 2023. The upgrade will affect a total of 40 cryptocurrencies, including Bitcoin, Bitcoin Cash, XRP, Solana, Monero, Litecoin, Dogecoin, Cardano, Polkadot, and others. Binance will also be deactivating memos, and users impacted by the changes will receive notifications to obtain a new deposit address and memo. Funds deposited into an expired address will not be lost, but users will need to manually credit them via the transaction history page.
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Binance to Retire Selected Deposit Addresses in Upcoming Wallet Upgrade
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