Binance FZE Has Completed the Polygon (MATIC) Token Upgrade to Polygon (POL)

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance FZE has completed the Polygon (MATIC) token swap to Polygon (POL). Deposits and withdrawals for the new POL tokens are now open.

Spot trading has opened for the POL/BNB, POL/BTC, POL/ETH, POL/FDUSD, POL/USDC, and POL/USDT spot trading pairs at 2024-09-13 10:00 (UTC).

Please note:

• The initial token supply of POL is set at 10 billion with an annual inflation rate of 2% for the first ten years. Token dilution may occur due to emissions. Users can refer to the project whitepaper and announcement for more information.

• The distribution was conducted at a ratio of 1 MATIC = 1 POL. Users may view their token distribution history here.

• Users may obtain their assigned POL token deposit addresses here.

• Withdrawals of old MATIC tokens will no longer be supported.

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

For more information, please refer to the following:

• Binance Will Support the Polygon (MATIC) Token Swap to Polygon (POL)

Thank you for your support!

Binance Team

2024-09-13

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

• Telegram

• X

• Facebook

• Instagram

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Binance FZE is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider (VASP Reference: VL/24/04/001).

Risk warning: Virtual Asset prices can be extremely volatile. The value of your investment may go down or up and you may lose some or all of the amount invested. You are solely responsible for your investment decisions. Binance is not liable for any trading losses you may incur and your investment does not benefit from any form of financial protection. This communication should not be regarded as financial advice. For more information, see our Terms of Use and Risk Warning.