The Binance exchange announced that many tokens that were previously delisted or announced to be delisted will be automatically converted to USDC if users do not withdraw from the platform. Within the framework of the conversion, a screenshot will be taken from the wallets on September 2, 23:59 (UTC) and the conversion will continue until March 2, 2025.
Therefore, users need to withdraw the relevant cryptocurrencies from Binance wallets until September 2 at the latest.
The cryptocurrencies announced by Binance are as follows:
“Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero (XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), Tribe (TRIBE)”
The Binance exchange also stated that these cryptocurrencies will be transferred to users by calculating the average value between September 2 and March 2 when converting to USDC.
USDC balances will be deposited into user accounts on March 2 at 23:59 (UTC).
On the other hand, the exchange announced that CVP, EPX, FOR, LOOM, REEF and VGX will be delisted from the exchange on August 19.