Binance Ends BNB Smart Chain Support for FIS and MDT Tokens

Estimated reading time: 4 minutes

• Binance to end support for Stafi (FIS) and Measurable Data Token (MDT) deposits and withdrawals via BNB Smart Chain starting June 16, 2025.
• Users should be aware that deposits made post-deadline will not be processed, risking permanent loss of funds.
• Trading and wallet balances for FIS and MDT remain unaffected unless transactions occur through the discontinued network.
• Binance advises users to verify their deposit and withdrawal settings to avoid interruptions.
• This move is part of Binance’s effort to streamline network offerings and enhance platform security.

Binance, the largest global cryptocurrency exchange by trading volume, will end support for deposits and withdrawals of Stafi (FIS) and Measurable Data Token (MDT) over the BNB Smart Chain (BEP-20 network) starting June 16, 2025, at 08:00 UTC (11:00 AM ET)[1]. This step is part of Binance’s ongoing efforts to simplify its network offerings, reduce operational risk, and improve platform security[2].

According to the announcement, Binance will no longer process any FIS or MDT deposits or withdrawals using the BNB Smart Chain after the cutoff date. Users who attempt to make deposits through this network following the deadline will not have their assets credited and could encounter permanent loss of funds[3]. Likewise, withdrawals over the BNB Smart Chain for these tokens will be disabled at the same time[4].

Trading and wallet balances of FIS and MDT on Binance will not be affected unless users try to transact via the discontinued network option[5]. Users can continue to access FIS and MDT through other supported networks, though Binance has not specified which networks will remain available. The company recommends that users review the current wallet and deposit sections to confirm network alternatives before proceeding with transactions[6].

This decision is part of a broader approach among major exchanges to streamline supported blockchains in order to improve reliability and risk management. Supporting multiple networks can increase operational challenges and potential technical issues. By reviewing and removing certain networks, especially those associated with lower transaction volumes or elevated risks, Binance aims to strengthen its overall efficiency and security[2].

Binance’s action follows previous removals of digital assets and services, including some stablecoins, in response to changing regulatory, technical, and market circumstances[7].

To avoid any risk of lost deposits, Binance advises all users to verify their deposit and withdrawal settings. Those relying on automated deposits or third-party services should update their configurations before June 16 to prevent interruptions or potential loss of funds[8].

The notice highlights the need for users to stay informed about exchange policies and to act promptly in response to changes that may affect account management. As the digital asset sector continues to evolve, remaining vigilant about operational updates is important[9].

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1. Bitcoinsistemi, June 9, 2025, “Bitcoin Exchange Binance Announces Termination of BNB Network Support for Two Altcoins—Here Are the Details,” https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-termination-of-bnb-network-support-for-two-altcoins-here-are-the-details/
2. Bitcoinsistemi, June 9, 2025, “Bitcoin Exchange Binance Announces Termination of BNB Network Support for Two Altcoins—Here Are the Details,” https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-termination-of-bnb-network-support-for-two-altcoins-here-are-the-details/
3. Binance, June 9, 2025, “Official Announcement—BNB Smart Chain Support for FIS and MDT Ending,” https://www.binance.com/en/square/post/25377222549330
4. Cointime, June 9, 2025, “Binance Will Stop Supporting FIS and MDT Token Deposits and Withdrawals Through BNBChain,” https://www.cointime.ai/flash-news/binance-will-stop-supporting-fis-and-mdt-token-deposits-and-withdrawals-through-bnbchain-95973
5. Cointime, June 9, 2025, “Binance Will Stop Supporting FIS and MDT Token Deposits and Withdrawals Through BNBChain,” https://www.cointime.ai/flash-news/binance-will-stop-supporting-fis-and-mdt-token-deposits-and-withdrawals-through-bnbchain-95973
6. Bitcoinsistemi, June 9, 2025, “Bitcoin Exchange Binance Announces Termination of BNB Network Support for Two Altcoins—Here Are the Details,” https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-termination-of-bnb-network-support-for-two-altcoins-here-are-the-details/
7. Coin Bureau, “Binance Review,” https://coinbureau.com/review/binance/
8. Bitcoinsistemi, June 9, 2025, “Bitcoin Exchange Binance Announces Termination of BNB Network Support for Two Altcoins—Here Are the Details,” https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-termination-of-bnb-network-support-for-two-altcoins-here-are-the-details/
9. Binance, June 9, 2025, “Official Announcement—BNB Smart Chain Support for FIS and MDT Ending,” https://www.binance.com/en/square/post/25377222549330