Effective September 2, 2024, the exchange will perform a conversion of the specified tokens to USD Coin (USDC) based on users’ holdings at that snapshot time. The conversion will be completed by March 1, 2025.
Details of Token Conversion
The following tokens will be converted to USDC:
Bitcoin Gold (BTG)
Bitcoin Standard Hashrate Token (BTCST)
Bitshares (BTS)
District0x (DNT)
Groestlcoin (GRS)
Hegic (HEGIC)
MobileCoin (MOB)
Monero (XMR)
Monetha (MTH)
Multichain (MULTI)
Navcoin (NAV)
Sologenic (SOLO)
Spartan Protocol (SPARTA)
Symbol (XYM)
Tribe (TRIBE)
The conversion will be based on the average exchange rate of these tokens to USDC during the period from September 2, 2024, to March 1, 2025. Binance will update users with further details and provide average exchange rates via email once the conversion process is complete.
Key Dates and Actions
Withdrawal Deadline: Users must withdraw the delisted tokens before September 1, 2024, 23:59 (UTC). After this deadline, withdrawals will no longer be available.
Conversion Completion: The conversion process will finalize by March 1, 2025, 23:59 (UTC). During the conversion period, users will not be able to view the delisted tokens in their Binance wallets.
Additional Notes
Deposits: Deposits of the listed tokens are no longer supported and will not be credited to user accounts.
Notifications: All users holding these tokens will receive an email notification by August 19, 2024, 23:59 (UTC).
Conversion Period: During the conversion period, users will not be able to see the delisted tokens in their Binance wallets.
Binance will send out additional updates and information via email regarding the conversion process and average exchange rates.
