Dear Users,

 

BingX will support the Merit Circle (MC) token swap and redenomination plan. The timeline is as follows:

  • On 2023-11-07 06:00 (UTC), BingX will suspend the trading and delist MC trading pair. All pending MC Spot orders will be canceled. MC/USDT will also be suspended from trading and delisted in Spot Grid and Spot Infinity Grid.
  • On 2023-11-07 06:00 (UTC), BingX will suspend the deposits and withdrawals of MC. Please ensure that you leave sufficient time for your MC deposits to be fully processed prior to this time.
  • On 2023-11-14 08:30 (UTC+8), deposit, withdrawals and Spot trading of BEAM will be reopened. The actual reopening time, if there is any change, shall prevail.
Token Swap Details:
  • BingX will recover all MC balances, and begin the distribution of new BEAM tokens to all eligible users at a ratio of 1 MC = 100 BEAM before resuming Spot trading services for BEAM.
  • After the token swap, the old MC tokens will not be able to be credited. Please make sure that you deposit to the new smart contract address.

  • New Beam (BEAM) contract addresses:

BingX Operation Team
2023-11-07
 
BingX Official Channels
BingX App: https://bingx.com/download/
BingX Web: https://bingx.com
Telegram: https://t.me/BingXOfficial
Twitter: https://twitter.com/BingXOfficial
YouTube: https://www.youtube.com/c/bingx
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
For more information, please refer to our Terms of Use and Risk Warning.