Note: This announcement was amended on 2024-07-17 to clarify that distributions of stablecoin after conversion will be in USDC instead of USDT from 2024-07-17 onwards, in accordance with MiCA regulations.
Fellow Binancians,
Binance will perform a conversion of the below tokens to USDC based on users’ holdings in their Binance wallets at the snapshot time of 2024-04-21 00:00 (UTC). The conversion will be completed and an equivalent amount of USDC will be credited to users’ Binance wallets by 2024-10-20 23:59 (UTC).
Users may withdraw the airdropped/delisted tokens as shown below before 2024-04-20 23:59 (UTC), after which withdrawals will become unavailable.
List of Impacted Tokens:
On the Conversion
The conversion will be executed on the basis of the average token to USDC exchange rate between 2024-04-21 00:00 (UTC) and 2024-10-20 23:59 (UTC) (hereinafter referred to as “Conversion Period”). Please note that Binance will update this announcement and send a separate email to all impacted users when the conversion of the aforementioned tokens to USDC is complete.
More information on the average exchange rates during the Conversion Period will also be provided in the email.
Notes:
All users who hold any of the above tokens in their Binance wallets will receive an email notification by 2024-04-08 23:59 (UTC).
Deposits of any of the above tokens are no longer supported, and will not be credited to users’ accounts.
Withdrawals of the above tokens from Binance will be supported until 2024-04-20 23:59 (UTC), subject to network conditions and availability. After this date, withdrawals of the above tokens will no longer be supported, and users will not be able to transfer any of the above tokens from their Binance accounts to any external wallets.
The conversion of the above tokens to USDC will be completed by 2024-10-20 23:59 (UTC), and it applies to user holdings in any Binance wallets. During the Conversion Period, users will not be able to view the above tokens in their Binance wallets.
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
2024-04-01
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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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