Binance Ends Support for Neo Legacy. What This Means for NEO Holders

Important Notice for NEO Holders on Binance

If you hold NEO on Binance, there’s an important update you should know about. The world’s largest crypto exchange has officially confirmed that starting from October 15, 2025 at 08:00 UTC, it will no longer support deposits and withdrawals through the Neo Legacy network. This is part of the planned shutdown of the old network and migration to the new Neo N3 standard.

What’s Happening to NEO on Binance

Binance has announced a full stop of all operations related to Neo Legacy. After the deadline, users will no longer be able to send or withdraw NEO and related tokens via this network.

Important: This does not mean that Binance is removing NEO altogether. The change only affects the Legacy network. Support for Neo N3 — the upgraded version of the NEO blockchain — will remain available.

For token holders, this means paying close attention to the deadlines and migrating or withdrawing assets in time. Missing the deadline could result in loss of access to your funds.

Why Binance Is Ending Support for Neo Legacy

The reason is simple — Neo Legacy is being phased out. The project team has been preparing a smooth transition to Neo N3 for some time. The new blockchain version offers improved performance, security, and developer tools.

When a blockchain announces deprecation, the old network infrastructure stops being supported. This can lead to technical failures, increased risks, and potential loss of funds. Binance is removing support for Legacy in advance to protect its users and focus entirely on N3.

This decision reduces vulnerabilities, eliminates operational risks, and helps users transition smoothly to the upgraded NEO ecosystem.

If You Hold NEO or GAS on Binance

You don’t need to take immediate action. After October 15, you’ll still be able to store, trade, and withdraw your tokens — but only through the Neo N3 network. Just make sure not to use the Legacy network after the deadline.

If You Hold QLC on Binance

Withdraw your tokens before October 15, 2025.
After this date, QLC withdrawals will no longer be possible, as the network it runs on will be shut down.

If You Hold NEO or GAS Outside the Exchange (in a Legacy Wallet)

It’s best to migrate your tokens to Neo N3 in advance. This can be done using the official migration service or supported wallets.

Neo N3 Is More Than Just an Upgrade

Neo N3 is a fully new blockchain — faster, more secure, and more developer-friendly. It comes with a new economic model, improved smart contracts, and an updated governance system.

The project team plans to completely shut down the Legacy network by the end of October 2025. After that, all NEO transactions and operations will take place exclusively on N3.

Frequently Asked Questions

What happens on October 15?

Binance will stop accepting deposits and processing withdrawals through Neo Legacy. All transactions on this network will be rejected.

Does this mean Binance is removing NEO?

No. Binance will continue to support NEO and GAS via Neo N3. Only the Legacy network support is being removed.

Do I need to withdraw my NEO from Binance?

No, if your tokens are already on the exchange. They will remain in your account and can be used as usual. Just don’t send or receive them through the old network.

What if I have QLC?

QLC only works on Legacy. You need to withdraw it before October 15. After the deadline, withdrawals or transfers will no longer be possible.

What if my NEO is not on the exchange?

If your tokens are stored in a Legacy wallet, migrate them to Neo N3 in advance. This will protect your assets after the network is shut down.