Fellow Binancians,
Thank you for being a part of the Binance Japan community.
Binance will support the Maker (MKR) token swap, redenomination, and rebranding to Sky (SKY).
Trading
At 2025-09-15 12:00 (UTC+9), Binance will remove all existing MKR spot trading pair (i.e., MKR/BTC) and cancel all pending MKR spot trading orders.
At 2025-09-17 17:00 (UTC+9), Binance will open trading for the SKY/BTC trading pair.
Deposits and Withdrawals
At 2025-09-15 12:30 (UTC+9), deposits and withdrawals of MKR tokens will be suspended. Users should ensure they leave sufficient time for their MKR token deposits to be fully processed prior to this time.
Deposits of MKR (ERC20) after 2025-09-15 12:30 (UTC+9) will be rejected and returned. Please refer to the project team’s Delayed Upgrade Penalty.
Deposits of SKY tokens will be opened at 2025-09-17 16:00 (UTC+9).
Binance will make a separate announcement after the event is completed to notify users when withdrawals of SKY tokens have opened.
After the event is complete, deposits of MKR (ERC20) and withdrawals of MKR tokens will no longer be supported.
Binance will handle all technical requirements for users who are involved in this event.
Users may refer to the announcement from the project team for more information.
MKR tokens will assume the ticker of SKY on Binance.
All MKR tokens will be swapped to SKY at a ratio of 1 MKR = 24,000 SKY.
At 2025-09-15 12:00 (UTC+9),
Binance will remove and cease trading on all spot trading pairs for MKR. The exact trading pair being removed is: MKR/BTC. All trade orders will be automatically removed after trading ceases in each respective trading pair.
Binance will remove Trading Bots services for the aforementioned spot trading pairs where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
Binance will open trading for the SKY/BTC trading pair at 2025-09-17 17:00 (UTC+9).
At 2025-09-11 12:00 (UTC+9), Binance will remove MKR from the list of supported cryptocurrencies on Binance Pay.
Binance Convert will remove MKR and all associated pairs at 2025-09-15 11:00 (UTC+9).
Convert Low-Value Assets will remove MKR at 2025-09-12 11:00 (UTC+9). Users may choose to convert the low-value assets beforehand.
Thank you for your support!
Binance Japan Team
2025-07-24
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
＊Please note users are required to complete account verification first before using Binance Japan services.
＊＊Binance Japan will pay interest based on a trust contract.
＊＊＊Please select “Unresolved” > “Forward to Customer Service” to initiate a chat with Customer Support Agent. Our Chat Support is available from Monday to Sunday from 09:00 am to 1:00 am (Japan time). If you contact us outside of the aforementioned operating hours, our Customer Support team will reply back to you on the next business day.
How to Use Binance Japan Support
https://www.binance.com/en/support/faq/how-to-use-binance-support-7b0fd3ccb821483a99ff8f5cda374ee9
Note: Binance Japan reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
General Risk Warning
● Crypto assets are not "legal tender" whose value is guaranteed by the government, such as the Japanese yen or dollar. They are electronic data exchanged over the Internet.
● Crypto assets can incur losses due to price fluctuations. You may lose money if the price of a crypto asset plummets or suddenly becomes worthless.
● Crypto assets may not trade at the price or volume you ordered due to market conditions or liquidity fluctuations.
● Cryptographic assets may lose their value due to the failure of the blockchain or other recording mechanisms.
● If the login information used for electronic authentication is compromised, a third party may misuse that information, which could result in losses to you.
● If you use a self-managed wallet, etc. and lose your private key or password, you may not be able to use the cryptographic assets you hold and may lose their value.
● Although the Company manages customers' assets separately from the Company's assets, in the event of the Company's bankruptcy, the Company may not be able to return the deposited money and cryptographic assets.
● Cryptographic assets may be used for payment in lieu only with the consent of the person receiving payment in lieu.
