Binance to End PYR and VANRY Support on Polygon Network From July 14

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Binance to End PYR and VANRY Support on Polygon Network From July 14

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will discontinue deposit and withdrawal support for PYR (Vulcan Forged) and VANRY (Vanar Chain) on the Polygon network. The change takes effect at 8:00 a.m. UTC on July 14.

What Is Changing and Why

According to an official notice from Binance, the exchange will no longer process deposits or withdrawals for these two tokens via the Polygon (MATIC) network after the specified date. The move is part of routine network maintenance and optimization, though Binance did not provide a specific reason for the change.

Users who hold PYR or VANRY on Polygon are advised to withdraw their tokens before the deadline to avoid any disruption. After July 14, any deposits made through the Polygon network for these tokens will not be credited to user accounts.

What Remains Unchanged

It is important to note that Binance will continue to support PYR and VANRY on other available networks. Trading pairs for both tokens remain active on the platform. The suspension only affects deposits and withdrawals routed through the Polygon blockchain.

This is not a delisting of the tokens themselves. Users can still trade, hold, and transfer PYR and VANRY using other supported networks, such as Ethereum (ERC-20) or Binance Smart Chain (BEP-20), depending on the token.

Implications for Traders and Investors

For active users of the Polygon ecosystem, this change may require adjusting withdrawal habits. Those who rely on Polygon for low-cost transfers of PYR or VANRY will need to switch to alternative networks after the cutoff.

Binance has a history of periodically reviewing and adjusting network support for tokens. These updates are typically driven by technical factors, including network security, liquidity, and user demand. While such changes can cause short-term inconvenience, they are common across major exchanges.

Conclusion

Binance’s decision to end PYR and VANRY support on Polygon is a technical adjustment rather than a delisting. Users should act before July 14 to avoid any disruption. The exchange continues to support both tokens on other networks, ensuring ongoing access for traders and holders.

FAQs

Q1: Will my PYR or VANRY tokens be lost if I don’t withdraw before July 14?
No, your tokens will not be lost. However, any deposits made through the Polygon network after the deadline will not be credited. You can still withdraw or trade using other supported networks.

Q2: Can I still trade PYR and VANRY on Binance after July 14?
Yes. Trading pairs for PYR and VANRY remain available. Only deposits and withdrawals via the Polygon network are being suspended.

Q3: What other networks can I use to transfer PYR and VANRY?
Check Binance’s deposit page for each token to see currently supported networks. Common alternatives include Ethereum (ERC-20) and Binance Smart Chain (BEP-20).

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