#CryptoComeback Binance to Convert Delisted EPX Tokens to USDC: What Users Need to Know
Binance, one of the world's leading cryptocurrency exchanges, has announced an important update regarding the delisting of EPX (Ellipsis) tokens. According to the official notice, all remaining EPX tokens held by users on the Binance platform will be automatically converted into USDC (USD Coin) on May 28, 2025, at 03:00 UTC.
Key Details of the Conversion
Conversion Date: May 28, 2025, at 03:00 UTC.
Deadline for Withdrawals: Users have until May 27, 2025, at 03:00 UTC to withdraw their EPX tokens. After this deadline, withdrawals will no longer be available.
Conversion Mechanism: The remaining EPX in user accounts will be converted to USDC at a rate based on the market value at the time of conversion.
What This Means for Users
This move is part of Binance’s standard procedure when a token is delisted from the platform. By converting delisted tokens to a stablecoin like USDC, Binance aims to help users retain the value of their assets, especially if they miss the withdrawal window.
Users who still hold EPX on Binance are encouraged to take immediate action:
Withdraw your EPX before the specified deadline if you prefer to store or trade it elsewhere.
Do nothing if you’re comfortable with Binance automatically converting your EPX to USDC.
Final Thoughts
Token delistings are a regular part of cryptocurrency exchange operations, often due to factors like low trading volume, lack of development, or community support. Binance's proactive conversion of EPX to USDC reflects its commitment to user asset protection and platform efficiency.
If you're holding EPX, mark your calendars and ensure your strategy aligns with the upcoming changes.
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