Binance Suspends NEO Deposits & Withdrawals – Neo Legacy Shutdown

Crypto Exchange Binance has announced a significant update affecting its users of the Binance NEO token. The exchange will cease all deposits and withdrawals for NEO tokens on the Neo Legacy network starting October 15 at 08:00 UTC. This action comes as part of the broader transition from the older Neo Legacy chain to the more advanced Neo N3 blockchain, a move that aims to improve scalability, security, and developer features within the Neo ecosystem.