Fellow Binancians,
Binance will support the Gifto (GTO) token swap to Gifto (GFT).
Timeline:
- At 2023-01-18 02:00 (UTC), Binance Simple Earn will cease support for GTO Flexible Products, and subscriptions will no longer be available.
- For existing subscriptions, GTO balances in Simple Earn Flexible Products will be automatically redeemed and credited to users’ spot wallets before 2023-01-20 06:00 (UTC).
- Users may also choose to redeem their assets from GTO Flexible Products anytime before 2023-01-20 06:00 (UTC).
- At 2023-01-30 02:00 (UTC), Binance will no longer support the creation of GTO Gift Cards.
- While users may proceed to redeem any unredeemed GTO Gift Cards for GTO before 2023-01-30 02:00 (UTC), please note that the redeemed tokens will be subject to automatic conversion to GFT.
- After 2023-02-08 09:00 (UTC), all unredeemed GTO Gift Cards will be automatically converted to GFT upon redemption.
- At 2023-01-30 03:00 (UTC), Binance will delist all existing GTO spot trading pairs (i.e., GTO/BUSD) and cancel all pending GTO spot trade orders. In addition, Binance will delist and remove GTO from the list of supported cryptocurrencies on Binance Pay.
- At 2023-01-30 03:30 (UTC), deposits and withdrawals of GTO will be suspended. Please ensure that you leave sufficient time for your GTO deposits to be fully processed prior to this time.
Details of Token Swap & Services Supporting Gifto (GFT):
- Binance will recover all Gifto (GTO) balances, and begin the distribution of Gifto (GFT) to all eligible users at a ratio of 1 GTO = 1 GFT.
- At 2023-02-08 08:00 (UTC), trading will open for the GFT/BUSD spot trading pair. Binance will also add Gifto (GFT) to the list of supported cryptocurrencies on Binance Pay.
- Binance will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of Gifto (GFT) will be opened.
- Gifto (GFT) (BEP20) smart contract address:
0x72fF5742319eF07061836F5C924aC6D72c919080
For More Information:
Thanks for your support!
Binance Team
2023-01-16
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