With the proliferation of applications such as “multi-chain” and “cross-chain” in the blockchain ecosystem, the process of depositing and withdrawing funds on exchanges has become increasingly complex. Beginners (and even experienced traders) in the cryptocurrency market sometimes overlook the supported assets or selected networks when making deposits, resulting in substantial fees for asset recovery. This seriously affects the initial experience of newcomers.
According to a report by “Wu Blockchain”, the chief editor Colin Wu provided suggestions on the X platform, and the Binance team responded quickly by adding support for a large number of cryptocurrencies to the “Smart Asset Recovery” feature. This reduces the manual processing time and significantly reduces the fees, charging only about $5.
The newly added cryptocurrencies for smart asset recovery include:
ARBITRUM: WETH, WBTC, GRT
BASE: WETH
BSC: GAL, APE, UST, NFT, RWT, LUNA, GMT
ETH: SOL, FTN, BETH, XSHIB, HBTC, COMBO, GMT
FTM: BNB, DAI
MATIC: WETH, WMATIC, AVAX, IXT, UST, BNB, BUSD, OUSDT
NEAR: USDT
OPTIMISM: WETH, WBTC, DAI
TRX: MOF, USDD
ZKSYNCERA: USDT
Specifically, when users mistakenly deposit funds, it will be displayed on the deposit history page with an “Immediate Recovery” button. Users can simply click on this button to initiate the automatic fund recovery process and receive the refunded assets within a maximum of 14 working days.
