Important Notice from Binance Regarding Delisted Multiple Altcoin Holders: Details

TL;DR

Binance will convert specific cryptocurrency holdings withdrawn to USDC on April 28, 2025, with withdrawals supported until October 28, 2024. It has recently removed the Turkish language option from its platform, but has assured users that services and customer support in Türkiye will not be affected. Conversion on the horizon

Earlier this year, Binance ended support for numerous cryptocurrencies, including Tornado Cash (TORN), Vai (VAI), OMG Network (OMG), Waves (WAVES), Barn Bridge (BOND), Mdex (MDX), Dock (DOCK), NEM (XEM), Polkastarter (POLS) and Pundi X PURSE (PURSE).

It recently warned users to take a snapshot of their holdings and display it before October 29. The company promised to convert its deposit into an equivalent amount of USDC by April 28, 2025.

“Conversion will be made based on the average exchange rate of the token to USDC between 2024-10-29 00:00 (UTC) and 2025-04-28 23:59 (UTC) (hereinafter ” Conversion Period” ).

Please note that Binance will update this announcement and send a separate email to all affected users when the conversion of said tokens to USDC is complete,” the exchange clarified.

Binance assured that all users holding any of these coins will receive an email notification in the following week. Deposits involving these cryptocurrencies are no longer supported, while withdrawals will be available until October 28.

“Starting from this date, withdrawals from previous tokens will no longer be supported and users will not be able to transfer any of their Binance accounts to any external wallets.

The conversion will be completed on 28/04/2025 at 23:59 (UTC) and applies to users’ holdings in any Binance wallet. During the conversion period, users will not be able to see previous tokens in their Binance wallets,” he concluded.

Another recent update from Binance

Less than a month ago, the firm (which supports more than 30 languages ​​on its platform) removed the Turkish option on its official website and app.

“We understand that this may affect some of our users; however, we would like to emphasize that this step is necessary to ensure full compliance with legal requirements in Turkey. During this process, Binance.com will remain fully accessible with all its services in Turkey,” he stated at the time.

The exchange assured that the Turkish customer service line would not be interrupted and that all user funds would remain “unaffected and safe”.

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