Binance Will Support New Artificial Intelligence Altcoin: Listing Date Announced!

Binance, the world's largest cryptocurrency exchange, announced that it will support the merger of 3 artificial intelligence altcoins.

In the announcement made by Binance on June 14, it was stated that it will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) projects as ASI.

In the announcement, it was noted that deposits and withdrawals of FET, OCEAN and AGIX will be suspended as of July 7 at 06.30 CET.

Binance will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into Artificial Superintelligence (ASI).

Binance will make a separate announcement after the event is completed to notify users when ASI deposits and withdrawals will be opened.

Once the ASI conversion process is completed, deposits and withdrawals of FET, OCEAN and AGIX tokens will not be supported.

Conversion rates revealed

Within the scope of Binance conversion;

1 FET = 1 ASI;

1 OCEAN = 0.433226 ASI;

1 AGIX = 0.433350 ASI,

It will calculate based on the rates and the balances of users who have assets in the stock exchange will be automatically converted to ASI. At this point, users will not need to take any extra action.

Spot and futures trading will stop

Binance will delist and cease trading on all spot trading pairs for FET, OCEAN and AGIX as of June 7 at 06:00 UTC. In this context, AGIX/BTC, AGIX/FDUSD, AGIX/TRY, AGIX/USDT, FET/BNB, FET/BTC, FET/BRL, FET/FDUSD, FET/TRY, FET/USDC, FET/USDT, OCEAN/BNB, OCEAN/BTC, OCEAN/TRY, OCEAN/USDT trading pairs will not be accessible.

All positions on FETUSDT, OCEANUSDT and AGIXUSDT USDT futures will be automatically closed as of 25.06.2024 at 12:00 CEST.