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Binance Will Support the BTC Standard Hashrate Token (BTCST) 1:10 Redenomination Plan

Binance Will Support the BTC Standard Hashrate Token (BTCST) 1:10 Redenomination Plan

2021-03-11 09:52
Fellow Binancians,
Binance will support the BTC Standard Hashrate Token (BTCST) 1:10 Redenomination Plan, with the following timeline:
  • Deposits and withdrawals of BTCST will be suspended at 2021-03-15 02:00 AM (UTC). Please ensure that you leave sufficient time for your BTCST deposits to be fully processed prior to this time. If deposited after this time, the tokens will not be credited to your account.
  • At 2021-03-12 02:00 AM (UTC), we will conduct an automatic settlement and cancel all pending orders, and then delist BTCST/BTC, BTCST/BUSD, and BTCST/USDT isolated margin trading pairs. A separate announcement will be made for relisting.
  • Binance Futures will conduct an automatic settlement and cancel all pending orders on BTCST/USDT contract, and then delist this contract at 2021-03-12 02:00 AM (UTC). Please refer to the Delisting Process of A Futures Contract for more details. A separate announcement will be made for relisting.
  • Trading will be halted in all existing BTCST trading pairs (BTCST/BTC, BTCST/BUSD and BTCST/USDT) at 2021-03-15 07:00 AM (UTC) and pending trade orders will be cancelled.
  • We will then swap the old BTCST tokens with the new BTCST tokens at a ratio of 1:10. New BTCST tokens will assume the BTCST ticker.
  • Deposits and withdrawals of BTCST will be resumed at 2021-03-19 06:00 AM (UTC).
  • Trading will then open for the new BTCST/BTC, BTCST/BUSD and BTCST/USDT spot trading pairs at 2021-03-19 07:00 AM (UTC).
For further information, please refer to the following: BTCST to Implement Results of STP-4, 1:10 Redenomination the Week of March 15

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
2021-03-11
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