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Binance to Halt SEI Network Deposits and Withdrawals for SEIEVM Migration

According to Binance, SEI network token deposits and withdrawals will be suspended at 16:00 UTC+8 on June 1, 2026, as the exchange supports the network’s move to SEIEVM.

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Summary

Binance said it will suspend deposits and withdrawals for tokens on the SEI network at 16:00 UTC+8 on June 1, 2026, to support the network migration to SEIEVM (Ethereum Virtual Machine-compatible environment). After the cutoff time, the exchange said it will no longer support token deposits and withdrawals on the SEI network. Network migrations typically require exchanges to pause transfer services so users’ assets can be aligned with updated blockchain infrastructure.

Terms & Concepts
  • SEIEVM: An Ethereum Virtual Machine-compatible environment, meaning it can support applications and smart contracts (self-executing blockchain code) designed for Ethereum-style systems.
  • Network migration: A blockchain infrastructure transition in which tokens or services move from one network setup to another, often requiring temporary exchange service suspensions.
  • Deposits and withdrawals: Exchange transfer functions that let users move tokens into or out of a trading platform using a supported blockchain network.