- Binance to merge Fetch.ai, Ocean Protocol, and SingularityNET tokens into ASI token.
- Binance will droop FET, OCEAN, and AGIX deposits and withdrawals beginning July 1, 2024.
- Buying and selling for the brand new ASI token will start on Binance beginning July 5, 2024.
Binance has introduced it’ll help the upcoming merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into the brand new Synthetic Superintelligence (ASI) token. The change will deal with all technical points to make sure a easy transition for its customers.
Beginning July 1, 2024, at 3:30 AM UTC, Binance will quickly droop deposits and withdrawals of FET, OCEAN, and AGIX to arrange for the merge. Customers ought to plan their transactions accordingly.
Binance can even delist 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 shall be routinely eliminated after buying and selling ceases.
Buying and selling of the brand new ASI token on Binance will open on July 5, 2024, at 8:00 AM UTC. FET, OCEAN, and AGIX token holders may have their holdings routinely transformed to ASI on the following charges:
- 1 FET = 1 ASI.
- 1 OCEAN = 0.433226 ASI.
- 1 AGIX = 0.433350 ASI.
Binance Margin will delist cross and remoted margin buying and selling for these pairs by June 26, 2024, at 6:00 AM UTC. All positions shall be routinely settled and canceled. For Binance Loans customers, excellent mortgage positions for FET, OCEAN, and AGIX shall be closed by June 25, 2024, at 3:00 AM UTC. Customers are suggested to repay any excellent loans earlier than this deadline.
Binance Easy Earn merchandise for FET, OCEAN, and AGIX will stop help on June 28, 2024, at 3:00 AM UTC. Balances shall be routinely redeemed and credited to customers’ Spot Wallets. Locked FET merchandise shall be transformed to ASI locked merchandise on July 8, 2024, at 4:00 AM UTC.
Binance via its newest announcement will handle all technical necessities for the merge, making certain a seamless token swap for customers.
Disclaimer: The knowledge introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version shouldn’t be liable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.
