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Binance Will Support the SUN (SUN) Token Migration & Redenomination Plan

2021-06-08 09:32
Fellow Binancians,
Binance will support the SUN (SUN) token migration & 1:1,000 redenomination plan. Further details about this change are shown on the timeline below:
  • At 2021-06-09 02:00 (UTC), Binance will suspend SUN/BTC, SUN/USDT isolated margin borrowing.
  • At 2021-06-11 02:00 (UTC), Binance will conduct an automatic settlement and cancel all pending orders, and then delist SUN/BTC, SUN/USDT isolated margin trading pairs. A separate announcement will be made for relisting.
  • Withdrawal of SUN (BEP20) will be suspended at 2021-06-11 00:00 (UTC). Deposits of SUN, and withdrawals of SUN on other networks will be suspended at 2021-06-14 00:00 (UTC). Please ensure that you leave sufficient time for your SUN 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 SUN spot trading pairs (SUN/BTC and SUN/USDT) at 2021-06-14 04:00 (UTC) and pending trade orders will be cancelled.
  • Binance will recover all SUN balances and begin the distribution of new SUN to all eligible users at a ratio of 1 SUN (Old) = 1,000 SUN (New).
  • After the token migration, the old SUN tokens will be renamed as SUNOLD, and the new SUN tokens will assume the SUN ticker with a new logo.
  • Trading will then open for SUN/USDT spot trading pair at 2021-06-18 04:00 (UTC). SUN/BTC spot trading pair will not be re-listed.
  • Binance will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of SUN will open.
  • Thereafter, users will be able to use the convert function to swap their SUNOLD (TRC20) for new SUN (TRC20) tokens.
  • New SUN (TRC20) contract address: TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S
For further information, please refer to the following: SUN Redenomination and Upgrade 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
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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.