Binance Halts BNB Smart Chain Transfers for FIS and MDT Tokens

Binance has announced that it will cease support for transfers of certain tokens on the BNB Smart Chain, effective from a specified deadline. This decision impacts users who hold or transact with Stafi (FIS) and Measurable Data Token (MDT). After the deadline, any transfers of these tokens using the affected network routes will not be credited to users’ accounts, potentially leading to permanent asset loss.

To mitigate this risk, Binance has advised users to review their wallet settings and ensure that no BNB Smart Chain deposits are made for these tokens after the effective date. The exchange has emphasized that while transfers via BNB Smart Chain will be disabled, users can continue to deposit and withdraw these assets through other networks that Binance continues to support.

This move by Binance underscores the exchange's commitment to maintaining the security and integrity of its platform. By discontinuing support for certain token transfers on the BNB Smart Chain, Binance aims to protect users from potential risks associated with these network routes. The exchange has also highlighted the importance of users being proactive in managing their wallet settings to avoid any unintended asset loss.

Binance has further clarified that the original English version of this announcement should be considered the most accurate in case of any translation discrepancies. This ensures that users have clear and precise information regarding the changes and can take appropriate actions to safeguard their assets.