Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 30
    NewsCryptoMarketSponsored Article

    Secure Your Spot Now: MoonBull Whitelist Moves Fast as the Best Upcoming Crypto While Ponke and Shiba Inu Stay Quiet

    What if the next major crypto breakout is happening behind a closed…

    By
    Benedikt Krüger
    July 6, 2025
    image 22
    CryptoMarketNewsSponsored Article
    Early Access Alert: MoonBull Whitelist Now Open as Dogecoin and Housecoin Shift Focus
    July 6, 2025
    image 18
    CryptoMarketNewsSponsored Article
    Be First In Line: MoonBull Whitelist Launches as the Best New Upcoming Crypto, as SHIB and Mubarak Maintain Momentum
    July 5, 2025
    Image fx 17
    CryptoMarketNews
    WLFI Token Proposal Marks a Pivotal Moment for World Liberty Financial
    July 5, 2025
    Image fx 16
    CryptoMarketNews
    Ripple’s RLUSD Launch Triggers Debate Over XRP’s Future
    July 5, 2025
  • Cryptocurrency
    image 30
    Secure Your Spot Now: MoonBull Whitelist Moves Fast as the Best Upcoming Crypto While Ponke and Shiba Inu Stay Quiet
    8 Min Read
    image 22
    Early Access Alert: MoonBull Whitelist Now Open as Dogecoin and Housecoin Shift Focus
    8 Min Read
    image 18
    Be First In Line: MoonBull Whitelist Launches as the Best New Upcoming Crypto, as SHIB and Mubarak Maintain Momentum
    7 Min Read
    Image fx 17
    WLFI Token Proposal Marks a Pivotal Moment for World Liberty Financial
    4 Min Read
    Image fx 16
    Ripple’s RLUSD Launch Triggers Debate Over XRP’s Future
    4 Min Read
    Trump’s Big Beautiful Bill Passes Why Bitcoin Braces for $90K Liquidity Squeeze
    Trump’s Big Beautiful Bill Passes Why Bitcoin Braces for $90K Liquidity Squeeze
    7 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Binance Announces Suspension of TROY Deposits: Key Details for Investors
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Binance Announces Suspension of TROY Deposits: Key Details for Investors
CryptoMarketNews

Binance Announces Suspension of TROY Deposits: Key Details for Investors

representing Binances announcement of TROY deposit suspension. The image features the Binance logo a
Alessia Moretti
Last updated: January 3, 2025 12:20 pm
By
Alessia Moretti
Published January 3, 2025
2 Min Read
Share

In a significant update, Binance, one of the world’s leading cryptocurrency exchanges, has announced the suspension of deposit services for TROY (BSC) as of January 2, 2025. The decision stems from a potential security concern related to the TROY-BEP20 token contract, with Binance emphasizing its commitment to user safety.

Contents
Binance Ends Support for TROY on BSC NetworkEthereum Network Remains UnaffectedImplications for Investors

Binance Ends Support for TROY on BSC Network

Binance has officially discontinued support for deposits of TROY tokens issued on the BNB Smart Chain (BSC) network. The exchange revealed that it attempted to verify collateral details with the project team regarding the tokens minted on BSC. However, insufficient responses from the project team prompted Binance to take precautionary measures.

The exchange assured users that it will resume deposit services only if the security concerns are resolved satisfactorily. Binance also noted that no further announcements will be made on this matter unless significant updates arise.

Ethereum Network Remains Unaffected

In contrast to the suspension on BSC, Binance confirmed that deposits and withdrawals of TROY tokens via the Ethereum network will continue as usual. The exchange clarified that Ethereum-based transactions are not impacted by the identified security issues.

Binance reiterated its commitment to prioritizing user safety while fostering a transparent and sustainable cryptocurrency ecosystem. This proactive approach underscores the importance of vigilance and accountability in the dynamic crypto market.

Binance TROY BSC

Implications for Investors

Such actions by major exchanges like Binance highlight the importance of staying informed about platform updates and adjusting strategies accordingly. Investors are advised to monitor announcements from Binance and other exchanges to ensure smooth transaction management.

As reported by Dey There, these precautionary measures enhance trust in the cryptocurrency sector by addressing potential vulnerabilities promptly. Binance’s approach serves as a reminder of the importance of diligence and security in the evolving crypto landscape.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

BONK Forecast 2025: How Analysts Predict a Breakout

Why Did Neptune Digital Assets Buy 1 Million Dogecoin?

Bitcoin Drops to $61K Amid Major Outflows and ETF Adjustments

Robinhood’s Crypto Comeback: Q4 Trading Volume Surges 400%

“Altcoin ETFs Summer” Is Coming: Analysts Say SEC Is Set to Unleash Altcoin Season

TAGGED:BinanceBSC networkEthereum networkTROY token

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByAlessia Moretti
Alessia Moretti is a blockchain and cryptocurrency analyst with 7 years of experience in the field. With a strong foundation in economics and a passion for technology, Alessia has been involved in a variety of international blockchain projects, focusing on the development of decentralized applications and financial products. Her work is characterized by a deep understanding of both the technical and economic aspects of blockchain technology. At DT NEWS, Alessia provides readers with in-depth analysis of global blockchain trends and market movements, helping them stay informed about the future of digital finance.
Previous Article Fartcoin price The Rise of Fartcoin: Popular Analyst Shares Optimistic Outlook
Next Article the 16th anniversary of Bitcoins Genesis Block. The design features the Bitcoin logo prominently di Celebrating Bitcoin’s Genesis Block: 16 Years of Decentralized Revolution
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)