🚨 Big Breaking: Binance to Launch ASI Token Trading
On July 5, Binance will begin trading the new Artificial Superintelligence (ASI) token, ahead of the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX). The merger is now rescheduled to July 15, but Binance will start ASI trading earlier.
To prepare, Binance will suspend FET, OCEAN, and AGIX deposits and withdrawals from July 1, handling all technical aspects for a smooth transition. The trading pairs for these tokens will be delisted, and existing orders removed. The conversion ratios are:
- 1 FET = 1 ASI
- 1 OCEAN = 0.433226 ASI
- 1 AGIX = 0.433350 ASI
ASI will trade against BNB, BTC, BRL, FDUSD, TRY, USDC, and USDT. Futures contracts and margin pairs for FET, OCEAN, and AGIX will be delisted by June 25 and June 26, respectively. Users should close or transfer positions to avoid potential losses.
The merger reflects a trend towards consolidation in the cryptocurrency industry. Recently, FET, OCEAN, and AGIX prices have seen declines, with FET at $1.60, OCEAN at $0.6793, and AGIX experiencing a drop in trading volume.
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