Binance will convert 15 tokens including XMR and BTG to USDC
ChainCatcher news, Binance announced that it will forcibly convert 15 tokens in user wallets to USDC. The affected tokens include: BTG, BTCST, BTS, District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero (XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE).Binance will take a snapshot of user holdings at 08:00 on September 2, 2024, Beijing time, and complete the conversion before 07:59 on March 2, 2025, Beijing time. Users can withdraw these tokens before 07:59 on September 2, 2024, after which withdrawals will no longer be possible. The conversion will be based on the average exchange rate during the period from September 2, 2024, to March 1, 2025.