Binance to Suspend KSM and DOT Transactions for Asset Hub Migration
OKX will temporarily halt KSM token deposits and withdrawals on October 6 to support the migration to Asset Hub, with services resuming once the network stabilizes.
DOT
Fact Check
The statement is directly confirmed by multiple official announcements from Binance's primary support website and its regional site, Binance TH. These sources explicitly state that Binance will support the Kusama (KSM) and Polkadot (DOT) network migrations to Asset Hub. Other sources specify this support includes suspending deposits and withdrawals, which are forms of transactions. The information is highly corroborated by multiple news outlets and similar announcements from other major exchanges like Coinbase and MEXC.
Summary
OKX announced that it will suspend Kusama (KSM) token deposits and withdrawals at 12:00 PM Beijing time on October 6, 2025, in preparation for the official network migration to Asset Hub. KSM trading will remain unaffected, and services will resume once the network stabilizes.
Terms & Concepts
- Kusama (KSM): A scalable network closely related to Polkadot, used primarily for early-stage testing and experimentation of blockchain applications.
- Asset Hub: A blockchain platform designed to provide infrastructure for managing and trading digital assets within a decentralized network.