Important Notice: Withdrawal Deadline for Delisted Tokens & Conversion to USDC (August 12, 2024)
Date: August 12, 2024, 11:00 UTC
Attention Binancians,
We are notifying you of an upcoming process where Binance will convert specific delisted tokens in users’ Binance wallets into USDC. This conversion will be carried out based on the balances held in users' accounts as of the snapshot on September 2, 2024, 00:00 UTC. The process is expected to be finalized by March 1, 2025, at 23:59 UTC, with the equivalent amount of USDC credited to users' Binance wallets.
Please note, users have the option to withdraw any of the tokens listed below before September 1, 2024, 23:59 UTC. After this deadline, withdrawals will no longer be available. Ensure that you act promptly to manage your assets accordingly.
Tokens Affected by Conversion:
- 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)
**Details on the Conversion Process**
The conversion will take place during the period from September 2, 2024, to March 1, 2025, using the average exchange rate of each token to USDC throughout this timeframe. Once the conversion is complete, Binance will send a follow-up email to all affected users, detailing the conversion and providing the average rates used.
Stay tuned for updates, and ensure you monitor your email for further details as we approach the conversion completion date.
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