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Binance, one of the leading cryptocurrency exchanges, has recently made the decision to suspend deposits and withdrawals of certain cross-chain bridge tokens associated with the Multichain project acr

Multichain Tokens Lose Support On Binance

07:44am, Thursday, 06'th Jul 2023
Binance no longer supports deposits and withdrawals for several cross-chain bridge tokens linked with the Multichain project. Binance Suspends Multichain Support In a recent development, Binance, one
Fantom token was down 6% while the Multichain token plunged 5% following the news that Binance plans to halt the use of some Multichain tokens soon. Crypto exchange Binance announced on Wednesday that
Binance, the largest crypto exchange in the world, has suspended deposits and withdrawals for eight altcoins tied to bridging platform Multichain.
Binance will no longer allow the affected Multichain-connected tokens on its platform from the 7th of July, according to an announcement.
Binance, the leading cryptocurrency exchange, recently temporarily stopped processing withdrawals and deposits for several Multichain-bridged assets. In a Twitter post, the platform stated that these
Binance previously suspended deposits of the ten tokens after some transactions on the Multichain protocol froze back in May.
Crypto exchange Binance will suspend support for eight Multichain-bridged (MULTI) tokens on July 7 till further notice because of the issues with some of the protocol's cross-chain routes.
This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains.
Binance, the largest crypto exchange by volume, withdrew support for eight Multichain bridge tokens, effective July 7, 2023. The decision comes after the previous suspension in May due to a partial pa
Binance will suspended support for deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project.
Binance will suspend support for the deposit and withdrawal of Multichain cross-chain bridge tokens from 08:00 on July 7 until further notice.
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