Binance has issued key announcement that might concern BNB Beacon Chain users
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According to an earlier announcement, the binding and asset migration process will become unavailable once the BEP2 network sunset is complete in June 2024. Users who hold BEP2 tokens that are not bound to the BEP20 network may be unable to recover their BEP2 assets and might sustain losses if this is not done before the sunset deadline.
A pivotal step in June will be the release of a CLI token migration application. This tool is intended to assist users in retrieving funds that are still on the Beacon Chain, signaling a key milestone in the roadmap.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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