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Binance Introduces New Feature Allowing Users to Deposit via Multiple Addresses

The new feature allows users to currently generate up to 20 deposit addresses for each network and will be adjusted if required.

BSCN

July 17, 2023

Enhancing Efficiency

In an effort to address user feedback and enhance user experience, Binance, the leading cryptocurrency exchange, has unveiled an innovative feature enabling users to obtain multiple deposit addresses for a single network. With the new deposit address book function, managing multiple deposit addresses has become a seamless process.

The feature is initially available for tokens on the Ethereum network (ERC20) and Ethereum alternative networks like Arbitrum One and BNB Smart Chain. However, Binance plans to expand this feature to support more blockchains in the future.

Users can now generate up to 20 deposit addresses for each network, providing greater flexibility and efficiency in managing their funds. Binance will regularly review this limit and adjust it as necessary.

What is Binance:

Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.