🚨Binance announces the rebranding of Fantom ($FTM ) to Sonic (S): key dates and details🚨
Binance has confirmed its support for the token swap and rebranding of Fantom (FTM) to Sonic (S), with several significant changes scheduled for early 2025. Here’s what users need to know:
Key dates and changes
1. Token swap and rebranding:
• FTM tokens will be swapped for S tokens at a ratio of 1:1.
• Trading pairs S (S/BTC, S/BNB, S/ETH, etc.) will begin on 16.01.2025 at 08:00 (UTC).
• Deposits for FTM will close on 2025-01-13 at 03:30 (UTC), and withdrawals for new S tokens will open on 2025-01-16 at 07:00 (UTC).
2. Trading and services for FTM:
• Spot trading pairs for FTM will be delisted on 2025-01-13 at 03:00 (UTC).
• Futures and margin trading for FTM will cease earlier, with futures positions being automatically settled by 2025-01-06 at 09:00 (UTC), and margin trading being delisted by 2025-01-08 at 06:00 (UTC).
3. Affected Binance products:
• Automatic investments, conversion, simple earnings, double investments, and buying and selling cryptocurrencies will no longer support FTM on various dates up to 2025-01-13 (UTC).
