This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will delist and cease redemption for ADAUP and ADADOWN leveraged tokens at 2023-11-01 06:00 (UTC).
Notes:
Users are advised to redeem ADAUP and ADADOWN leveraged tokens via the wallet function or the Leverage Tokens page before the delisting. If users are still holding the aforementioned leveraged tokens after the delisting time, Binance will convert the tokens to USDT based on their respective net asset value (NAV) at the time of delisting, and will distribute the USDT tokens to users’ accounts within 24 hours. After the distribution is complete, ADAUP and ADADOWN leveraged token assets will be removed from the wallet.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-10-18