Bitcoin Exchange Binance Announces It Will Support Token Swapping and Revaluation of This Altcoin!

Binance, one of the leading cryptocurrency exchanges, announced that it supports the upcoming token swap and revaluation plan for Stratis (STRAX), a blockchain platform designed for enterprise-level solutions.

Binance Announces Support for Stratis (STRAX) Token Swap and Renomination Plan

General Information:

Deposit and Withdrawal Transactions:

Deposits and withdrawals of old STRAX tokens will be suspended starting from 20-03-2024 06:30.

Binance will issue a separate announcement upon completion of the event to inform users about the reopening of deposits and withdrawals for the new STRAX tokens.

Token Swap and Renomination:

All old STRAX tokens will be swapped for new STRAX tokens at a ratio of 1:10.

Binance Futures will suspend trading for the USDⓈ-M STRAXUSDT Perpetual Contract on 15-03-2024 11:30, followed by automatic settlement and delisting.

Margin trading for STRAX/USDT and STRAX/BTC pairs will be stopped on 15-03-2024 09:00, positions will be closed and orders will be cancelled.

Spot Trading:

STRAX spot trading pairs (STRAX/BTC, STRAX/USDT and STRAX/TRY) will be delisted on 20-03-2024 09:00 and trading bot services will also be terminated where appropriate.

Trading for STRAX spot trading pairs will resume on 28-03-2024 11:00, with the removal of the old candlestick charts for STRAX trading pairs.

*This is not investment advice.

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