- Binance will merge Fetch.ai, Ocean Protocol and SingularityNET tokens into ASI token.
- Binance will droop FET, OCEAN, and AGIX deposits and withdrawals from July 1, 2024.
- Buying and selling of the brand new ASI token will start on Binance from July 5, 2024.
Binance has introduced that it’s going to help the upcoming Fetch.ai (FET), Ocean Protocol (OCEAN) and SingularityNET (AGIX) token merger into a brand new Synthetic Superintelligence (ASI) token. The change will care for all of the technical facets to make sure a clean transition for its customers.
Starting July 1, 2024 at 3:30 UTC, Binance will briefly droop FET, OCEAN, and AGIX deposits and withdrawals to organize for the merger. Customers ought to plan their transactions accordingly.
Binance may even take away all spot buying and selling pairs for FET, OCEAN and AGIX, together with AGIX/BTC, AGIX/FDUSD, FET/BTC, FET/USDT, OCEAN/BNB and OCEAN/USDT. Open orders might be routinely deleted after buying and selling.
Buying and selling of the brand new ASI token on Binance will start on July 5, 2024 at 8:00 UTC. Holders of FET, OCEAN and AGIX tokens may have their holdings routinely transferred to ASI on the following charges:
- 1 FET = 1 ASI.
- 1 OCEAN = 0.433226 ASI.
- 1 AGIX = 0.433350 ASI.
Binance Margin will cancel cross and remoted margin buying and selling for these pairs by June 26, 2024 at 6:00 UTC. All positions might be routinely settled and cancelled. For Binance Loans customers, excellent mortgage positions for FET, OCEAN and AGIX might be closed by June 25, 2024 at 3:00 UTC. Customers are suggested to repay any excellent loans earlier than this deadline.
Binance Easy Earn merchandise for FET, OCEAN and AGIX will finish help on June 28, 2024 at 3:00 UTC. Balances might be routinely paid out and credited to customers' Spot Pockets. FET locked merchandise might be transformed to ASI locked merchandise on July 8, 2024 at 4:00 UTC.
By way of its newest announcement, Binance will handle all of the technical necessities for the merge and guarantee a seamless token change for customers.
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