Announcement
Home
Support Center
Announcement
Latest Binance News
Notice Regarding the Delisting of COVER-Old and Upcoming Distribution of COVER-New

Notice Regarding the Delisting of COVER-Old and Upcoming Distribution of COVER-New

2020-12-29 05:00
Fellow Binancians,
After careful consideration and discussion with the COVER Protocol team, Binance will delist the old COVER token and distribute the new COVER token based on a snapshot of user balances at a ratio of 1 COVER-old = 1 COVER-new. The COVER Protocol team has yet to confirm the final ETH block that will be used for the snapshot. However, they have stated here that it will be before ETH block 11541219 (2020/12/28 8:11:16 AM (UTC)).
Please note:
  • We will make a separate announcement once the final ETH block used for the snapshot is confirmed by the COVER Protocol team, as well as when the distribution of the new COVER tokens is completed based on this snapshot.
  • Withdrawal for the old COVER tokens will remain open.
  • We will determine whether or not to open trading for COVER-new at a later date.
Thanks for your support!
Binance Team
2020/12/29
Trade on the go with Binance’s mobile crypto trading app:
Find us on