Cryptocurrency exchange Binance began updating deposit addresses for 24 tokens—including ETH and MATIC—starting April 14. According to Binance, affected users would receive an email notification, and old deposit addresses would expire 30 days after acquiring a new one or receiving the email.
But what if you accidentally send funds to an expired Binance wallet address? Will the funds be lost? How can you recover them? This guide covers everything you need to know.
Binance Phases Out Deposit Addresses on Legacy Infrastructure
Binance announced on April 14 that it would update deposit addresses for selected tokens to enhance security. The affected tokens include:
- ETH
- AMB
- ARBITRUM
- AVAXC
- BSC
- CELO
- CHZ
- CTXC
- ETC
- FTM
- GLMR
- KLAY
- MATIC
- MOVR
- OPTIMISM
- REI
- RON
- RSK
- THETA
- TOMO
- VET
- WAN
- WTC
- XDA
On April 18, Binance Support clarified that it would gradually retire deposit addresses and memos still on the old infrastructure due to ongoing wallet upgrades for improved efficiency and security.
Affected users would receive an email prompting them to generate a new deposit address. Once a new address is created—or 30 days after the email notification—the old address becomes inactive.
What Happens If You Deposit Into an Expired Binance Address?
Sending funds to an expired address does not mean losing them. The assets remain secure but won’t reflect in your account automatically—manual retrieval is required.
Steps to Recover Funds From an Expired Address
- Log in to your Binance account and navigate to Wallet > Spot.
- Click the Transaction History icon.
- Locate the pending deposit marked as "Not Credited" and select One-Click Arrival.
Processing usually completes within an hour. If funds don’t appear after retrieval, contact Binance Support immediately.
FAQs
1. Will my funds be lost if I send them to an expired Binance address?
No. Funds sent to expired addresses remain retrievable via manual intervention.
2. How long does it take to recover funds from an expired address?
Typically under an hour after using the One-Click Arrival feature.
3. What should I do if my recovery attempt fails?
Reach out to Binance’s customer support for further assistance.
Key Takeaways
- Binance periodically updates wallet addresses for security enhancements.
- Expired addresses do not cause fund loss—retrieval is manual but straightforward.
- Always verify deposit addresses before transferring assets.