Binance, the world's leading cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for Ronin (RON). The halt begins at 2:00 p.m. UTC on May 12, 2025, to support the Ronin network's migration. This move affects thousands of traders and investors who hold RON tokens on the platform.
Binance officially communicated the suspension through its support channels on May 10, 2025. The exchange cites the Ronin network's scheduled migration as the primary reason. Deposits and withdrawals will pause at 2:00 p.m. UTC on May 12. Trading activities for RON pairs, however, will remain unaffected during this period. The suspension is a standard precautionary measure to prevent transaction failures or loss of funds during chain reorganizations.
The Ronin network is an Ethereum-linked sidechain designed for blockchain gaming, powering Axie Infinity. The migration aims to improve scalability, security, and transaction speeds. The exact duration of the suspension is unconfirmed, but past migrations on other networks lasted between 2 and 24 hours.
In a separate development, Binance also announced it will delist several altcoin pairs from its margin trading platform. As of May 1, 2026, at 09:00, pairs including TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, and DOT/BTC will be removed from both cross and isolated margin trading. Borrowing operations in isolated margin accounts will be suspended as of April 29, 2026. On the delist date, open positions will be automatically closed, orders canceled, and auto-settlement performed by the system. Binance advised users to close positions in advance or transfer assets to spot accounts to prevent potential losses, adding it will not be responsible for any losses incurred.
