Binance Will Support the PlayDapp (PLA) Token Swap to PlayDapp (PDA)

Fellow Binancians,

Binance will support the PlayDapp (PLA) token swap to PlayDapp (PDA).

General

• Deposits and Withdrawals

  • Deposits and withdrawals of PLA tokens have been suspended, and will no longer be supported.

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

• Binance will handle all technical requirements for users who are involved in this event.

• Users may refer to the announcement from the project team for more information.

Token Swap

• PLA tokens will assume the ticker of PDA on Binance (i.e., 1 PLA = 1 PDA).

• PlayDapp (PDA) smart contract address: ERC20.

Spot

• At 2024-02-26 03:00 (UTC), Binance will delist all existing PLA spot trading pairs (i.e., PLA/BTC and PLA/USDT) and cancel all pending PLA spot trade orders. 

• Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2024-02-26 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.

• At 2024-03-01 08:00 (UTC), trading will open for the PDA/BTC and PDA/USDT spot trading pairs. 

Margin and VIP Loan

• PLA was removed from Margin and VIP Loan as per the schedule announced here.

Earn 

• At 2024-02-23 02:00 (UTC), Binance Simple Earn will cease support for PLA Simple Earn Flexible Products, and subscriptions will no longer be available. 

  • For existing subscriptions, PLA balances in Simple Earn will be automatically redeemed and credited to users’ Spot Wallets after 2024-02-23 05:00 (UTC). Binance Simple Earn will assist impacted users in recreating the same Flexible Product positions with PDA after the event is complete. 

  • Users may also choose to redeem their assets from PLA Flexible Products anytime before 2024-02-23 05:00 (UTC).

Binance Pay

• At 2024-02-26 03:00 (UTC), Binance will remove PLA from the list of supported cryptocurrencies on Binance Pay.

Gift Card

• At 2024-02-26 03:00 (UTC), Binance will no longer support the creation of PLA Gift Cards.

  • While users may proceed to redeem any unredeemed PLA Gift Cards for PLA tokens before 2024-02-26 03:00 (UTC), the redeemed tokens will be subject to automatic conversion to new PDA tokens.

  • After 2024-02-26 03:00 (UTC), all unredeemed PLA Gift Cards will be automatically converted to new PDA tokens.

Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-02-22

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

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