🗓️ Key Dates: Withdrawal Deadline & USDC Conversion Details
Fellow Binancians,
Exciting updates are coming your way! Binance will soon perform a token conversion to USDC for selected delisted tokens based on your holdings. Here’s everything you need to know to stay ahead of the game! 💼💰
🟢 What’s Happening?
Starting from 2024-10-29 00:00 (UTC), Binance will convert the following delisted tokens to USDC:
Vai (VAI)
Tornado Cash (TORN)
OMG Network (OMG)
Waves (WAVES)
NEM (XEM)
BarnBridge (BOND)
Dock (DOCK)
Mdex (MDX)
Polkastarter (POLS)
Pundi X PURSE (PURSE)
But don’t worry, you’ve still got time! Withdraw these tokens by 2024-10-28 23:59 (UTC) to avoid missing out. 🚨 After this date, withdrawals will no longer be supported, so make sure to act fast!
💼 USDC Conversion Details
During the Conversion Period (2024-10-29 to 2025-04-28), Binance will calculate the average exchange rate between the delisted tokens and USDC. By 2025-04-28 23:59 (UTC), an equivalent amount of USDC will be credited to your wallet. The conversion ensures you retain value for your holdings, so your portfolio remains solid.
🔍 What to Expect?
1. Notification Email: All affected users will receive an email by 2024-10-15 23:59 (UTC) with detailed instructions.
2. Withdrawals: Make sure to withdraw your tokens before 2024-10-28 23:59 (UTC). After this, withdrawals will no longer be available.
3. USDC Credit: Your USDC will automatically appear in your Binance wallet once the conversion is finalized by 2025-04-28.
💡 Why USDC?
USDC is a stable, reliable asset issued by Circle, giving you peace of mind with its consistent value. It’s a trusted solution for holding your converted funds securely.
Don’t miss the opportunity to protect your assets and transition smoothly to USDC. Thank you for your continued support! 🚀
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