This is a general announcement. The products and services mentioned here may not be available in your area.
Dear members of the Binance community!
Binance has completed the Polygon (MATIC) to Polygon (POL) token swap. Deposits and withdrawals of new POL tokens are now open.
Spot trading for POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC and POL/USDT pairs is open on 09/13/2024 at 13:00: 00 (after Kyiv). Trading bots and spot copy trading will be enabled for the above token within 24 hours of its spot listing. For users with active spot copy trading portfolios, pairs can be added by enabling them via [Pairs Personal Preferences] in the spot copy trading settings.
Please note:
The initial supply of POL tokens is set at 10 billion with an annual inflation rate of 2% for the first ten years. As a result of the emission, dilution of the value of the tokens may occur. Users can read the project whitepaper and view the announcement for more information.
The distribution was carried out in the ratio of 1 MATIC = 1 POL. Users can view token distribution history here.
Users can obtain their assigned POL token deposit addresses here.
Users can deposit old MATIC tokens and exchange them for new POL tokens at a ratio of 1 MATIC = 1 POL using the conversion function.Â
The ability to withdraw old MATIC tokens will no longer be supported.
There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.
For more information, please read the following:
Thank you for your support!
Binance Team
13.09.2024
