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Binance Will Support the SONM (SNM) 10:1 Redenomination Plan

Binance
2021-04-21 06:09
Fellow Binancians,
Binance will support the SONM (SNM) token swap & redenomination plan.
Please note:
  • Deposits and withdrawals of SNM will be suspended at 2021-04-26 00:00 (UTC). Please ensure that you leave sufficient time for your SNM deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.
  • Trading in the existing SNM trading pair (SNM/BTC) will be halted, the trading pair will be delisted, and pending orders will be cancelled at 2021-04-26 04:00 (UTC).
  • We will swap the old SNM tokens with the new SNM tokens at a ratio of 10:1. New SNM tokens will assume the SNM ticker.
  • Trading will then open for the new SNM/BTC trading pair at 2021-04-30 04:00 (UTC).
  • We will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of SNM will open.
  • New ERC20 and BEP20 SNM smart contracts:
  • After 2021-04-26 0:00 AM (UTC), Binance will not support the deposit of SONM (SNM) using the old contract and any old SONM (SNM) tokens deposited after this time will not be credited to your account or converted to new SONM (SNM).
For more information, please refer to the following:
SONM (SNM) Token Upgrade and Redenomination Plan
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-04-21
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.