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Notice on Deposits and Withdrawals of Litecoin (LTC) Utilizing MimbleWimble Extension Blocks (MWEB)

2022-06-13 07:35
Fellow Binancians,
Binance will not support the deposits and withdrawals of Litecoin (LTC) that utilize the MimbleWimble Extension Blocks (MWEB) function, which provides users with an option of sending confidential LTC transactions without revealing any transaction information.
Any LTC deposits made to Binance through the MWEB function will not be received or returned as we are unable to verify the sender's address, resulting in the direct loss of funds. To ensure security of your funds, please do not deposit LTC through the MWEB function.
We apologize for any inconvenience caused.
Further information:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team
2022-06-13
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.