Binance Supports Ontology Upgrade, Stops Deposit of NEP5 ONT Tokens

Cointelegraph

Published Jul 05, 2020 01:00PM ET

Updated Jul 06, 2020 04:20PM ET

Binance, one of the world’s biggest crypto exchanges, has announced on July 5 that it will support the upcoming Ontology 2.0 network upgrade. Ontology 2.0 will include the integration of a number of community-led upgrades to its MainNet.

Binance says that it will end support of Neo Enhancement Protocol 5-based, or NEP5, ONT tokens deposits. Any future deposits of NEP5 ONT will not be credited to users' Binance account, it indicates.

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