Dear User,

 

BingX will support the BitDAO (BIT) token swap and rebranding plan to Mantle (MNT). The timeline is as follows:

  • On 2023-07-15 at 15:00 (UTC+8), BingX will suspend the trading of and delist the BIT/USDT spot pair. All pending BIT/USDT Spot orders will be canceled. Spot Grid orders of BIT/USDT will be canceled, with the corresponding pair being delisted in Grid Trading as well.
  • On 2023-07-15 at 16:00 (UTC+8), the deposit and withdrawal services of BIT will be suspended. Please ensure that you leave sufficient time for your BIT deposits to be fully processed prior to this time.
Details of Mainnet Swap:
  • BingX will recover all BIT balances, and begin the distribution of MNT to all eligible users at a ratio of 1 BIT = 1 MNT before spot trading for the MNT trading pair is open.
  • The ownership percentage of existing BIT holders will not be diluted with the token swap, as there will be no minting of additional tokens.
  • The trading, deposit, and withdrawal times of MNT will be notified separately. Please keep an eye on the latest announcement.
  •  
BingX Operation Team
2023-07-10
 
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