Binance will gradually disable some users' existing deposit addresses and labels in the third quarter.

Odaily News According to an official announcement, Binance has released an update regarding the discontinuation of existing deposit addresses in the third quarter of 2023 (July to September). Binance mentioned that they have been working diligently to upgrade the wallet infrastructure on their platform to provide users with higher wallet efficiency and security. As a result, Binance will gradually discontinue existing deposit addresses and tags in selected networks. Emails will be sent out in batches to affected users. Binance strongly advises users to obtain new addresses and tags (if applicable) upon receiving the email. If users have not received any formal notification from Binance, they should continue using their current deposit addresses. Only affected users will receive the email. Assets deposited into expired addresses are safe and will not be lost. Users can manually reconcile their accounts through the "Wallet History" page.