Binance has introduced assist for the upcoming Metallic DAO (MTL) mainnet change. To facilitate this transition, all deposits and withdrawals of legacy MTL tokens might be suspended beginning at 05:00 on June 24, 2024.
Binance Metallic to Assist DAO (MTL) Mainnet Alternate
Customers are suggested to make sure that their outdated MTL token transactions are absolutely processed earlier than this suspension.
Spot buying and selling, margin buying and selling, futures buying and selling and Binance Earn providers won’t be affected in the course of the mainnet change. Binance will handle all technical necessities for the mainnet change on behalf of its customers.
The swap will convert all outdated MTL tokens into new MTL tokens at a 1:1 ratio. After the swap, deposits and withdrawals of legacy MTL tokens will now not be supported.
As soon as the swap is full, Binance will publish a separate announcement informing customers about when the brand new MTL tokens might be deposited and withdrawn. Customers can seek advice from the venture staff’s official announcement for added particulars.
This mainnet swap represents a big improve for Metallic DAO, and Binance’s assist ensures a easy transition for all customers concerned.
*This isn’t funding recommendation.
