Binance Will Update the Ticker of XZC to FIRO

2021-01-15 10:16

Fellow Binancians,

Following the announcement from the Firo team, Binance will update the ticker of XZC to FIRO. Further details about this change are shown on the timeline below:

At 2021/01/20 00:00 AM (UTC), Binance will suspend XZC staking purchases. All XZC staked in Binance Staking accounts will be unstaked and automatically deposited into users’ spot accounts. At the same time, XZC staking rewards will be calculated and rewarded based on the amount and time that the XZC was staked up until 2021/01/20 00:00 AM (UTC).
At 2021/01/20 02:00 AM (UTC), Binance will suspend XZC/USDT and XZC/BTC isolated margin borrowing, as well as XZC loan services.
At 2021/01/22 02:00 AM (UTC), we will delist XZC/USDT and XZC/BTC isolated margin trading pairs.
At 2021/01/24 10:00 PM (UTC), we will suspend XZC deposits and withdrawals. Please ensure that you leave sufficient time for your XZC deposits to be fully processed prior to this time.
At 2021/01/25 02:00 AM (UTC), we will halt trading for all XZC trading pairs, and the trading pairs will also subsequently be delisted from the exchange. We will then take an immediate snapshot of all XZC balances and begin the distribution of FIRO to all eligible users at a ratio of 1 XZC = 1 FIRO.
At 2021/01/29 02:00 AM (UTC), we will open trading for the new FIRO/BTC, FIRO/USDT, and FIRO/ETH pairs. Staking for FIRO will be available for purchase.
Deposits and withdrawals for FIRO will be opened starting at 2021/01/29 6:00 AM (UTC).

For further information on the ticker change, please refer to Zcoin is becoming Firo, We are now Firo!.
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

2021/01/15

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