Binance will delist the withdrawal services for tokens such as VAI and TORN, and will convert some tokens into USDC
ChainCatcher news, according to the official announcement, Binance will convert the balances of the following tokens to an equivalent amount of USDC based on the user's holdings in the Binance wallet at the snapshot time of October 29, 2024, 08:00 (UTC+8). Binance will convert the balances of the following tokens in user wallets to an equivalent amount of USDC before April 29, 2025, 07:59 (UTC+8).
After October 29, 2024, 07:59 (UTC+8), Binance will no longer support the withdrawal of the following airdrop tokens/ delisted tokens. Users can withdraw before this time.
Affected tokens:
- Vai (VAI)
- Tornado Cash (TORN)
- OMG Network (OMG)
- Waves (WAVES)
- NEM (XEM)
- BarnBridge (BOND)
- Dock (DOCK)
- Mdex (MDX)
- Polkastarter (POLS)
- Pundi X PURSE (PURSE)
The conversion will be based on the average exchange rate of the tokens to USDC during the period from October 29, 2024, 08:00 to April 29, 2025, 07:59 (UTC+8) (hereinafter referred to as the "conversion period"). Please note: Binance will update this announcement after completing the conversion of the above tokens to USDC and will send a separate email to all affected users.