Binance, one of the world’s largest cryptocurrency exchanges, announced that it will support two important network upgrades.
Binance to Support Kusama and Polkadot Networks’ Migration to Asset Hub
According to the exchange’s statement, Kusama (KSM) and Polkadot (DOT) networks are preparing for the transition to Asset Hub structures.
Binance will temporarily suspend deposits and withdrawals on certain dates to prevent users from experiencing inconvenience during the transition period.
Accordingly, token deposits and withdrawals on the Kusama network will be suspended at 10:00 AM on October 7, 2025. The network will transition to Asset Hub Kusama at 8:00 AM on the same day.
Similarly, deposits and withdrawals on the Polkadot network will be suspended starting at 10:00 AM on November 4, 2025. Polkadot’s transition to Asset Hub Polkadot will begin at 8:00 AM on the same day.
Binance stated that users will not need to perform any technical steps during this process; all requirements will be met automatically by the exchange. It also emphasized that token trading will not be affected by these transitions, and users can continue trading without interruption.
Once the migrations are complete and the stability of the networks is confirmed, deposits and withdrawals for the relevant tokens will be reopened. Binance stated that no additional announcements will be made at this time and urged users to remain vigilant.
This development is critical to the long-term growth strategies of the Kusama and Polkadot ecosystems as they transition to a more secure and scalable infrastructure.
*This is not investment advice.
