Binance will disable deposit addresses for 40

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The move is part of the exchange's upcoming wallet update.

Binance, the world's largest cryptocurrency exchange, has revealed plans to remove deposit addresses for a handful of cryptocurrencies as part of its next wallet update.

In a statement on Thursday, the company reported that it is preparing for a new wallet infrastructure upgrade that will include address migration. Deposit address withdrawals will affect about 40 cryptocurrencies, including #Bitcoin ($BTC ), #Solana ($SOL ), Dogecoin (DOGE), and #Ripple ($XRP ), and is scheduled for Q3 2023.

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