Fellow Binancians,

Binance will support the Bounce (BOT) token migration & redenomination plan, during which BOT tokens will be exchanged for new AUCTION tokens. Binance will handle all technical requirements involved for all users holding BOT in their Binance accounts.

Please note:

• Binance currently does not accept AUCTION token deposits. Please do not deposit AUCTION to Binance. AUCTION tokens will not be credited to your account.
• All BOT tokens held in users’ accounts will be swapped into AUCTION tokens at a swap ratio of 1:100. For example, a user with 1 BOT token in his/her account will have it swapped with 100 AUCTION tokens.
• More details including snapshot timing and opening of deposits and withdrawals for AUCTION tokens will be released in a subsequent announcement.

For more information, please refer to the following: Bounce Token Migration has started! (Important Notice)

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

2021-02-08

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