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Notice on Conversion of Bitcoin SV (BCHSV) Tokens to BUSD (2021-10-14)

Notice on Conversion of Bitcoin SV (BCHSV) Tokens to BUSD (2021-10-14)

2021-10-14 08:54
Fellow Binancians,
Binance will perform a conversion of the delisted Bitcoin SV (BCHSV) tokens to BUSD based on users’ holdings during the snapshot taken on 2021-11-01 at 00:00 (UTC).
Please note that if you hold Bitcoin SV (BCHSV) tokens at the holding snapshot time, Binance will replace them with an equivalent amount of BUSD based on the average closing price for the previous 7 days (11:59:59 PM UTC) as shown on CoinMarketCap.
Please note:
  • Withdrawals of the above token from Binance will continue to be supported (subject to the network conditions and availability) until the stated snapshot date and time, and will be discontinued after that.
  • Deposits of the above token will not be credited to your account.
  • The conversion may take up to two weeks to be processed. There will be no further announcement.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not 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.