Have just opened my Binance account now and got a notice about my Segwit wallet address is going to be expired , what does this mean ?
Thank you for the answers guys Hope i can get better response from knowledgeable posters.
The authorities will never send such messages if the wallet is newly created from the original Binance Exchange. So you must verify that the place where you created the account is Binance Exchange. It may be phishing that most people fall victim to these scammers these days. Because scammers use different methods to fool people. So you should verify and complete the transaction by checking the Seguit address well.
Changes to deposit addresses on Exchange are common for several reasons. Therefore, every time you make a deposit, you need to pay attention to the address listed because it could change at any time, whether there is a notification via system message or an open announcement* without a message to each user affected by the address change.
If you are worried that the message is phishing, then do not open any of the links provided there. You just need to check the deposit address on the official Binance website after the expiration date has passed when you want to make a deposit, and don't force a deposit to the old address if there is a change of address.
* Here is an example of a deposit address change announcement on one of the cryptocurrency exchanges in my country (Indonesia):
https://blog.indodax.com/en_US/pembaruan-alamat-eth/