Binance, one of many world’s largest cryptocurrency exchanges, introduced that it’ll convert delisted tokens into USDC for customers who maintain these tokens of their Binance wallets.
Binance to Convert Delisted Tokens to USDC by April 2025
The conversion course of will start after a snapshot of customers’ belongings is taken at 03:00 on October 29, 2024, and might be accomplished by April 28, 2025.
Affected Tokens and Withdrawal Deadline
The tokens affected are:
- Vai (VAI)
- Twister Money (TORN)
- OMG Community (OMG)
- Waves (WAVES)
- HUMIDITY (XEM)
- BarnBridge (BOND)
- Dock (DOCK)
- MDEX (MDX)
- PolkaStarter (POLS)
- Pundi X PURSE (PURSE)
Binance customers who personal any of those tokens may have till 02:59 on October 28, 2024 to withdraw them. After this date, withdrawals will now not be supported and customers will be unable to switch the affected tokens to exterior wallets.
Conversion to USDC might be primarily based on the typical change charge for every token throughout the “Conversion Interval”, which runs from 03:00 on October 29, 2024 to 02:59 on April 28, 2025. As soon as the conversion is full, customers will obtain the equal quantity of USDC of their Binance wallets.
Necessary Notices
- Deposits of affected tokens are now not supported.
- Withdrawals might be allowed till 02:59 on October 28, 2024, topic to community circumstances.
- Customers will be unable to view these tokens of their wallets till the conversion is full after the snapshot on October 29, 2024.
*This isn’t funding recommendation.
