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Binance Will Support the Pundi X (NPXS) Token Migration & Redenomination Plan
Binance
2021-03-31 03:21
Fellow Binancians,
Binance will support the Pundi X (NPXS) to Pundi X (PUNDIX) token migration & 1,000:1 redenomination plan. Further details about this change are shown on the timeline below:
  • At 2021-04-01 02:00 (UTC), Binance will suspend NPXS/USDT isolated margin borrowing.
  • At 2021-04-03 02:00 (UTC), we will conduct an automatic settlement and cancel all pending orders, and then delist NPXS/USDT isolated margin trading pair. A separate announcement will be made for relisting.
  • Deposits and withdrawals of NPXS will be suspended at 2021-04-05 00:00 (UTC). Please ensure that you leave sufficient time for your NPXS deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.
  • Binance will delist all existing NPXS trading pairs (NPXS/ETH and NPXS/USDT) at 2021-04-05 04:00 (UTC) and pending trade orders will be cancelled.
  • We will recover all NPXS balances and begin the distribution of PUNDIX to all eligible users at a ratio of 1,000 NPXS = 1 PUNDIX.
  • Trading will then open for PUNDIX/ETH and PUNDIX/USDT spot trading pairs at 2021-04-09 04:00 (UTC).
  • We will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of PUNDIX will open.
  • Thereafter, users will be able to use the convert function to swap their NPXS for PUNDIX tokens.
  • PUNDIX contract address: 0x0fd10b9899882a6f2fcb5c371e17e70fdee00c38
For further information, please refer to the following: NPXS token reduction poll result, NPXS will be PUNDIX
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
2021-03-31
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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.