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CoinW Will Support the BinaryX (BNX) Token Swap and Redenomination Plan
Published on: 2023/02/10 10:56Last Update: 2025/01/01 15:36

At 2023-02-16 03:00 (UTC), CoinW will suspend and delist all existing BNX spot trading pairs (i.e., BNX/USDT、BNX 4L/USDT、BNX 4S/USDT) and cancel all pending BNX spot trade orders.

 

  • At 2023-02-16 03:00 (UTC), CoinW will terminate strategy trading services for the aforementioned spot trading pairs, where applicable.
  • Users are strongly advised to update and/or cancel their trading strategies prior to the cessation of strategy trading services to avoid any potential losses.
  • At 2023-02-16 03:30 (UTC), deposits and withdrawals of BNX will be suspended. Please ensure that you leave sufficient time for your BNX deposits to be fully processed prior to this time.

 

Details of Token Swap & Services Supporting BNX:

  • CoinW will recover all old BNX balances, and begin the distribution of new BNX to all eligible users at a ratio of 1 old BNX = 100 new BNX.
  • CoinW will make a separate announcement after the token swap and redenomination is complete to notify users when deposits, trade and withdrawals of BNX will be opened.
  • BinaryX (BNX) (BEP20) smart contract address:
    0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD

For More Information:

About the delisting of BNX ETF products:

Users who hold positions in related products are requested to close their positions before they are delisted, and users who have not closed their positions will be settled uniformly after delisting.

 

Regarding asset settlement of related BNX ETF products:

 

For users who do not voluntarily close their positions after being delisted, CoinW will conduct unified settlement for all BNX 4L and BNX 4S users who hold positions after the suspension of trading, and asset settlement will be based on the net value of the corresponding ETF product at the time of delisting.

 

Settlement formula: settlement assets = Positions * net value at the time of delisting

Settlement assets less than 0.001 USDT will not be included in the distribution.

The settlement assets will be airdropped to the holding user's asset account in the form of USDT within 3 working days. Thank you for your support of CoinW!

 

CoinW official site: https://www.coinw.com/

CoinW download :https://www.coinw.com/mobile/download.html

At present, CoinW has covered multiple social media matrices such as WeChat, QQ, Twitter, Telegarm, covering hundreds of thousands of users, supporting 7*24 real-time communication between users at home and abroad, welcome to join the CoinW community!

Btok : https://s65535.com/CoinwExchangeEnglish

TG : https://t.me/CoinwExchangeEnglish

Twitter:https://twitter.com/CoinWOfficial

CoinW

2023/2/10

 

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Popular Articles
CoinW Will Support the BinaryX (BNX) Token Swap and Redenomination Plan
Published on: 2023/02/10 10:56Last Update: 2025/01/01 15:36

At 2023-02-16 03:00 (UTC), CoinW will suspend and delist all existing BNX spot trading pairs (i.e., BNX/USDT、BNX 4L/USDT、BNX 4S/USDT) and cancel all pending BNX spot trade orders.

 

  • At 2023-02-16 03:00 (UTC), CoinW will terminate strategy trading services for the aforementioned spot trading pairs, where applicable.
  • Users are strongly advised to update and/or cancel their trading strategies prior to the cessation of strategy trading services to avoid any potential losses.
  • At 2023-02-16 03:30 (UTC), deposits and withdrawals of BNX will be suspended. Please ensure that you leave sufficient time for your BNX deposits to be fully processed prior to this time.

 

Details of Token Swap & Services Supporting BNX:

  • CoinW will recover all old BNX balances, and begin the distribution of new BNX to all eligible users at a ratio of 1 old BNX = 100 new BNX.
  • CoinW will make a separate announcement after the token swap and redenomination is complete to notify users when deposits, trade and withdrawals of BNX will be opened.
  • BinaryX (BNX) (BEP20) smart contract address:
    0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD

For More Information:

About the delisting of BNX ETF products:

Users who hold positions in related products are requested to close their positions before they are delisted, and users who have not closed their positions will be settled uniformly after delisting.

 

Regarding asset settlement of related BNX ETF products:

 

For users who do not voluntarily close their positions after being delisted, CoinW will conduct unified settlement for all BNX 4L and BNX 4S users who hold positions after the suspension of trading, and asset settlement will be based on the net value of the corresponding ETF product at the time of delisting.

 

Settlement formula: settlement assets = Positions * net value at the time of delisting

Settlement assets less than 0.001 USDT will not be included in the distribution.

The settlement assets will be airdropped to the holding user's asset account in the form of USDT within 3 working days. Thank you for your support of CoinW!

 

CoinW official site: https://www.coinw.com/

CoinW download :https://www.coinw.com/mobile/download.html

At present, CoinW has covered multiple social media matrices such as WeChat, QQ, Twitter, Telegarm, covering hundreds of thousands of users, supporting 7*24 real-time communication between users at home and abroad, welcome to join the CoinW community!

Btok : https://s65535.com/CoinwExchangeEnglish

TG : https://t.me/CoinwExchangeEnglish

Twitter:https://twitter.com/CoinWOfficial

CoinW

2023/2/10

 

Was this article helpful?
0 out of 0 found this helpful
Limited-Time New User Offer!
Sign up now to claim your exclusive 12000 USDT gift pack!
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Popular Articles