The world’s largest cryptocurrency exchange by trading volume, Binance, is disabling multiple old deposit addresses as part of its infrastructure upgrade.
In an announcement on April 18, Binance said it would retire selected deposit addresses and memos in batches on multiple blockchains, including Ether (ETH), Tron (TRX), BNB (BNB) and Stellar (XLM). The crypto exchange said that the retirement of old addresses is a routine and a part of enhancing security and efficiency for the users.