What will happen to Matic Futures trade positions after the conversion of Matic token to Pol?

Many Members are confusing about the open positions of futures trades in matic coin. What will happen to matic contracts after matic conversion to Pol Token ??

Answer

All Leverage/futures positions will close automatically. Its better to close it by yourself otherwise exchanges will settle it automatically according to last price of matic before conversion into matic coin

Binance Futures will close all positions automatically ( if not closed manually) on 04/09/2024 - 8:30am UTC

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