Binance Supports TomoChain's Rebranding to Viction (VIC).
In a significant move, Binance has officially announced its support for TomoChain's rebranding to Viction (VIC). This transition will bring about a series of changes and important dates for users to keep in mind.
Rebranding and Ticker Symbol Change:
- Binance will suspend TOMO deposit and withdrawal transactions on November 20, 2023, at 03:30 AM (UTC).
- Users are advised to complete necessary transactions before this date.
- TOMO tokens will receive the new ticker symbol VIC upon the completion of the rebranding process.
Spot Trading Pairs:
- On November 20, 2023, at 03:00 AM (UTC), Binance will delist all existing TOMO spot trading pairs.
- All pending TOMO spot trading orders will be canceled.
- VIC/BTC, VIC/TRY, and VIC/USDT spot trading pairs will resume trading on November 24, 2023, at 08:00 AM (UTC).
Binance Futures:
- Trading in USDT-Margined TOMO perpetual futures contracts will be suspended on November 14, 2023, at 08:30 AM (UTC).
- Users will have the opportunity to close their existing positions.
- Further announcements regarding relisting and protective measures will follow.
Margin Borrowings:
- TOMO/USDT cross and isolated margin borrowings will be suspended from November 7, 2023, at 06:00 AM (UTC).
- On November 16, 2023, at 06:00 AM (UTC), positions will be closed, and pending orders canceled for TOMO/USDT margin pairs.
- Unpaid TOMO margin loans may lead to liquidation of assets, with relisting details provided in a separate announcement.
Binance Simple Earn:
- Starting from November 7, 2023, at 06:00 AM (UTC), TOMO Simple Earn products will no longer be supported, with plans to relaunch for VIC.
Price Increase:
- As of November 6, 2023, TOMO token has experienced significant growth, surpassing $1.43 and currently trading at $1.49, with over a 10% increase in the last 5 minutes.
#TOMO #Tomochain #Viction #VIC $TOMO
