I've been hearing rumors that Binance has removed USDC from its platform. Could you please clarify if this is true? If so, what are the reasons behind this decision? Has there been any official announcement or statement from Binance explaining this move? Additionally, what does this mean for those who hold USDC on Binance? Will they be able to withdraw or trade their tokens? I'm quite concerned about this matter and would appreciate your insights on the situation.
5 answers
Lorenzo
Tue May 14 2024
This change will take effect from 2024-04-05 02:00 (UTC), affecting all Binance users who utilize the TRC20 network for USDC transactions.
Sara
Tue May 14 2024
Binance, a leading cryptocurrency exchange, has announced an important update regarding its services.
TopazRider
Tue May 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.
Raffaele
Tue May 14 2024
Circle, a company behind the USD Coin (USDC) stablecoin, has decided to discontinue support for the Tron (TRC20) network.
Pietro
Tue May 14 2024
Consequently, Binance will no longer support deposits and withdrawals of USDC via the TRC20 network.