Fellow Binancians,

Binance will support the Kyber Network (KNC) contract swap plan, with the following timeline:

• Deposits and withdrawals of KNC will be suspended at 2021-05-17 02:00 AM (UTC). Please ensure that you leave sufficient time for your KNC deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.
• Once the smart contract swap/upgrade is completed, we will notify users of the completion in a further announcement.
• Following which, users will be able to use the convert function to swap their old KNC (KNCL) for new KNC tokens (KNC).
• New KNC smart contract address: 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202

For further information, please refer to the following: KNC Token Migration Guide
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-05-12

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.