$LIT Yes, Litentry (LIT) has been removed from trading on several major exchanges as a result of the token swap and rebranding to Heima (HEI). For example, Binance announced support for swapping LIT tokens and rebranding to HEI, which removed the LIT-related leveraged trading pairs.
In addition, Bitget has terminated its automated trading software services for spot and futures trading pairs.
For Litentry (LIT) holders, their balances will be automatically converted to Heima (HEI) at a 1:1 ratio (i.e., 1 LIT will be exchanged for 1 HEI). This conversion will be done automatically by the exchanges supporting the swap, such as Binance, KuCoin, and Bitget, without any action required from the users.
Important Notes:
LiT Support Cessation: After the swap is complete, the exchanges will no longer support deposits and withdrawals of old LIT tokens.
Trading Resumption: Deposit, withdrawal, and trading services for new HEI tokens will resume after the swap is completed. The platforms will notify users of the details of these services via subsequent announcements.
Increase in Circulating Supply: The circulating supply of HEI is expected to increase from 66 million to 100 million over the course of 20 months.
LIT holders are advised to follow the official announcements from their platforms for the latest information and updates on the swap process.
LIT tokens will assume the HEI ticker on Binance. All LIT tokens will be exchanged for HEI at the rate of 1 LIT = 1 HEI. Spot.$LIT man, how come so many people are betting on some scams and this one is going to be a top swap coming out lol
It will be replaced and will increase the total number of the new currency but it is not MT so it will be like a new launch of the same currency hence all the fuss about it!
Alan Abençoado
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Someone explain why it is written will be removed from your list