Crypto alternate behemoth Binance on Tuesday unveiled a significant announcement on Twister Money (TORN), Vai (VAI), OMG Community (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), and Pundi X PURSE (PURSE) tokens. The crypto alternate notified its customers that it’s going to carry out conversion of the talked about tokens to USDC shortly forward. In the meantime, the alternate additionally supplied customers a deadline for the withdrawal of those tokens in a mover to facilitate a seamless delisting course of.
Binance Points Announcement On Withdrawal & Conversion Of 10 Tokens
Based on an official Binance announcement dated October 8, the alternate is about to transform Vai (VAI), Twister Money (TORN), OMG Community (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), and Pundi X PURSE (PURSE) into USDC primarily based on customers’ pockets holdings as of October 29. The conversion, when accomplished, will end in crediting an equal quantity of USDC to customers’ wallets by subsequent 12 months. Notably, the completion of USDC crediting to wallets is predicted to be over by April 28, 2025, the alternate added.
Moreover, the top crypto exchange additionally notified customers that they will withdraw these delisted tokens earlier than October 28 at 23:59 UTC. Following this date, withdrawals shall be made unavailable for the talked about belongings, the announcement added. Furthermore, the alternate highlighted that “the conversion shall be executed on the idea of the common token to USDC alternate price between October 29 and April 28, 2025.” The crypto alternate pioneer will even ship an e-mail to customers when the USDC conversion course of wraps up, encompassing different vital particulars.
USDC is a Circle Web Monetary-backed stablecoin boasting worldwide digital performance.
Tokens’ Value In Gentle Of Binance Announcement
Twister Money
TORN worth in the present day traded at $2.166, down practically 6% previously 24 hours. Its 24-hour high and low had been recorded as $2.155 and $2.298, respectively.
Vai
VAI worth traded at $0.9998, up marginally by 0.09% over the previous day. The coin’s intraday high and low had been $0.9987 and $1.0107, respectively.
OMG Community
OMG worth rested at $0.2796, down roughly 3% previously 24 hours. The coin’s intraday high and low had been $0.2790 and $0.3220, respectively.
Waves
WAVES worth stood at $1.100, marking a 2.5% lower over the previous day alongside Binance’s announcement. The crypto’s 24-hour high and low had been $1.093 and $1.139, respectively.
NEM
XEM worth slipped practically 2% previously 24 hours and is now buying and selling at $0.01753. The token’s intraday high and low had been $0.01739 and $0.01812, respectively.
BarnBridge
BOND worth tanked practically 3% over the previous day to achieve $1.53. The coin’s intraday high and low had been $1.53 and $1.62, respectively.
Dock
Following Binance’s announcement, DOCK worth additionally cracked roughly 3% previously 24 hours and traded at $0.001759 at press time. The coin’s 24-hour low and peak had been $0.001741 and $0.001832, respectively.
Mdex
MDX worth crashed 51% previously 24 hours and is now buying and selling at $0.01509. Its 24-hour high and low had been $0.0145 and $0.03401, respectively.
Polkastarter
POLS worth confirmed indicators of a pullback, slipping practically 5% over the previous day to $0.304. The coin’s intraday high and low had been $0.3022 and $0.3263, respectively.
Pundi X PURSE
PURSE worth slipped 0.81% over the previous day to achieve $0.0001465. The coin’s intraday low and peak had been $0.0001461 and $0.0001478, respectively.
A majority of the tokens delisted by the alternate traded within the crimson zone in the present day, aligning with the discontinuation of assist by one of many main crypto exchanges. In the meantime, in one other comparable chronicle, Binance warned to delist Bluzelle, CLV, SelfKey, Prosper, and VITE just lately to additional streamlining consumer choices.
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