Binance has announced an important update regarding the availability of several delisted tokens.
Effective September 2, 2024, the exchange will convert the tokens specified based on users’ assets at the time of the snapshot into USD Coin (USDC). The conversion will be completed by March 1, 2025.
Token Conversion Details
The following tokens will be converted to USDC:
Bitcoin Gold (BTC)
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 notify users with more details and provide average exchange rates via email once the conversion process is complete.
Important Dates and Events
Withdrawal Deadline: Users must withdraw delisted tokens before 02:59 on September 1, 2024. After this deadline, withdrawals will no longer be possible.
Conversion Completion: The conversion process will be completed by 02:59 on March 1, 2025. During the conversion period, users will not be able to view the delisted tokens in their Binance wallets.
*This is not investment advice.
Read the full article here
