🚨 **Binance to Halt Withdrawals of 15 Delisted Tokens: What You Need to Know!** 🚨
**Attention Binance Users!** Binance is set to halt withdrawals of 15 delisted tokens by September 1, 2024. After this deadline, your holdings will automatically convert to USDC, a stablecoin. Here’s what you need to do:
### **Key Details:**
- **Deadline:** September 1, 2024, 23:59 UTC
- **Snapshot Date:** September 2, 2024, 00:00 UTC
- **Conversion Period:** September 2, 2024 - March 1, 2025
- **Completion Date:** March 1, 2025, 23:59 UTC
### **Affected Tokens Include:**
- Bitcoin Gold (BTG)
- Monero (XMR)
- District0x (DNT)
- Spartan Protocol (SPARTA)
- Bitcoin Standard Hashrate Token (BTCST)
- Bitshares (BTS)
- Groestlcoin (GRS)
- Hegic (HEGIC)
- MobileCoin (MOB)
- Monetha (MTH)
- Multichain (MULTI)
- Navcoin (NAV)
- Sologenic (SOLO)
- Symbol (XYM)
- Tribe (TRIBE)
### **Important Actions:**
1. **Withdraw Tokens:** Ensure you withdraw any affected tokens before the deadline to avoid automatic conversion.
2. **Conversion Process:** Post-deadline, Binance will use the average token-to-USDC exchange rate over six months for conversions.
### **Impact and Future:**
The delisting may affect liquidity and market accessibility for these tokens. Meanwhile, Binance continues to innovate:
- **New Listings:** Toncoin (TON) now available with new trading pairs.
- **Investments:** Binance Labs invests in Solayer, enhancing Solana’s ecosystem.
**Stay proactive and make sure to act before the deadline!** For more updates, follow Binance and stay tuned.
