Binance withdrawals phase 2: Cardano and Litecoin only via BEP20 for now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Binance has been reopening more withdrawals since November 3, but Cardano, Litecoin, Polkadot and three other coins only come out as BEP20 tokens on BNB Smart Chain. Pick the wrong network or use a Cardano-only wallet, and the coins may never arrive.Add as a preferred source on GoogleFollow on Google NewsWithdrawing Cardano from Binance has been possible again since Tuesday, but only as a BEP20 token on BNB Smart Chain, not via the Cardano network itself. Anyone wanting to send ADA to a Cardano-only wallet such as Yoroi or Eternl will find the native network still blocked. According to the release list, the same applies to Litecoin, Polkadot, Stellar, Hedera and NEAR. Anyone who simply picks BEP20 in this situation and enters a Cardano address risks the coins never arriving. Early on Tuesday morning, Binance launched the second phase of withdrawals after the hack of October 29. In its announcement "Recovery Update #6", the exchange lists a long set of coins for November 3 from 5...