Binance Will Support the Bitcoin Cash ABC (BCHA) Rebrand to eCash (XEC) & Redenomination Plan

Fellow Binancians,

Binance will support the Bitcoin Cash ABC (BCHA) rebrand to eCash (XEC) & 1:1,000,000 redenomination plan, during which BCHA coins will be rebranded to XEC coins. Binance will handle all technical requirements involved for all users holding BCHA in their Binance accounts.

Please note:

• Binance does not accept XEC deposits until we initiate the plan. Please do not deposit XEC to Binance as they will not be credited to your account.
• All BCHA coins held in users’ accounts will be converted to XEC coins at an exchange ratio of 1:1,000,000 once we initiate the plan. For example, a user with 1 BCHA coin in his/her account will have it converted to 1,000,000 XEC coins.
• More details including snapshot timing and opening of deposits and withdrawals for XEC coins will be released in a subsequent announcement.

For further information, please refer to the following:

• eCash: Wealth Redefined
• Bitcoin ABC 0.23.6 Release Notes

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

2021-06-29

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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.