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As of August 18th, COINOTAG reports that Binance will cease support for the **Neo Legacy** network withdrawals (NEO) effective October 15, 2025, at 16:00 (UTC). This move comes in light of Neo’s announcement regarding the impending closure of its legacy network. After August 25, 2025, at 16:00 (UTC), any deposits via the Neo Legacy framework will not be acknowledged, posing a risk of **asset loss** for users. However, it’s crucial to note that deposits and withdrawals for **NEO** and **NeoGas (GAS)** tokens are still permissible through alternative networks, barring the **Kepple (QLC)** token. This significant development underscores the need for investors to stay informed on network transitions, particularly as Neo approaches the planned discontinuation of services on October 31, 2025. Stakeholders are advised to adjust their withdrawal strategies accordingly to mitigate potential financial setbacks.
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