Binance has announced its support for the upcoming token swap from Polygon (MATIC) to Polygon (POL). The swap is scheduled to take place in September 2024.

Key Dates and Details:

September 10, 2024, at 03:00 UTC: Binance will delist all existing MATIC spot trading pairs, including MATIC/BNB, MATIC/BTC, MATIC/ETH, and others. All pending MATIC spot trading orders will be cancelled.

September 10, 2024, at 03:30 UTC: Deposits and withdrawals of MATIC tokens will be suspended. Users are advised to ensure their MATIC deposits are fully processed before this time.

September 13, 2024, at 10:00 UTC: Binance will open trading for the new POL pairs, such as POL/BNB, POL/BTC, POL/ETH, and others.

This token swap marks a significant update for Polygon, as it transitions from MATIC to the new POL token. Users are encouraged to stay informed and complete any necessary actions before the deadlines.