Binance has announced support for the replacement of the BinaryX (BNX) token with Four (FORM).
Main changes:
- Deposits and withdrawals:
- On March 18, 2025, at 03:30 (UTC), deposits and withdrawals of BNX will be suspended.
- On March 21, 2025, at 12:00 (UTC), FORM deposits will begin.
- The withdrawal of FORM will be available after all technical work is completed.
- Spot trading:
- On March 18, 2025, at 03:00 (UTC), Binance will remove all BNX spot pairs (BNX/USDC, BNX/USDT, BNX/TRY).
- On March 21, 2025, at 13:00 (UTC), trading of FORM/USDC, FORM/USDT, FORM/TRY will begin.
- Futures and margin trading:
- On March 17, 2025, at 09:00 (UTC), all BNXUSDT futures contracts will be closed.
- On March 14, 2025, at 11:00 (UTC), Binance will exclude BNX from cross and isolated margin.
- Loans and investment products:
- On March 13, 2025, at 03:00 (UTC), Binance will close all active BNX loans.
- On March 17, 2025, at 03:00 (UTC), Simple Earn will stop supporting BNX.
- Binance Pay and gift cards:
- On March 14, 2025, at 03:00 (UTC), BNX will be removed from Binance Pay.
- On March 18, 2025, at 03:00 (UTC), the creation of BNX gift cards will become unavailable.
- Other changes:
- On March 12, 2025, at 11:00 (UTC), BNX will be removed from the "Buy and sell cryptocurrency" service.
- On March 15, 2025, at 11:00 (UTC), BNX will be removed from Auto-Invest.
- On March 17, 2025, at 02:00 (UTC), BNX will be excluded from "Conversion of illiquid assets".
Withdrawals:
1. Automatic swap: Binance users do not need to take any action, as BNX tokens will automatically be swapped for FORM at a ratio of 1:1.
2. It's important to update strategies: Investors and traders using BNX in margin trading, futures, loans, and automated investments should adjust their positions in advance.
3. Operation restrictions: From March 12 to March 21, many Binance services will gradually stop supporting BNX.
Stay tuned for official Binance updates to not miss important changes!
#bnx BNX