Binance will support the Elrond (ERD) mainnet and token swap to Elrond Gold (EGLD), with the following timeline:
- Deposits and withdrawals of ERD will be suspended starting from 2020/08/30 4:00 AM (UTC), at which point we will begin the token swap.
- Important: Please ensure that you leave sufficient time for your ERD deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.
- Trading will be halted in all ERD trading pairs at 2020/08/31 3:00 AM (UTC) and the trading pairs will also subsequently be delisted from the exchange. We will take an immediate snapshot of all Elrond balances at the same time (2020/08/31 3:00 AM UTC), and begin the distribution of EGLD to all eligible users at a ratio of 1000 ERD = 1 EGLD.
- Trading will open for the new EGLD/BNB, EGLD/BTC, EGLD/BUSD and EGLD/USDT trading pairs at 2020/09/03 3:00 AM (UTC). Deposits and withdrawals for EGLD will also be opened at this time.
For further information, please refer to New Economics: eGLD Reasoning & Operational Process.
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