Dear Users,

BingX will support the VEMP (VEMP) contract upgrade. The old VEMP tokens will be swapped for new VEMP tokens at a 1:1 ratio. VEMP's maximum supply will be reduced from 810 million to 500 million tokens. Details are as follows:

  • Spot trading of VEMP will be suspended on 2024-11-02 at 03:00 (UTC). All pending Spot orders of VEMP will be canceled (including Grid Trading).
  • Deposit and withdrawals of VEMP will be suspended on 2024-11-02 at 03:00 (UTC). Deposits of old VEMP tokens after this time will not be credited.
  • New VEMP contract address (ARB): https://arbiscan.io/token/0xaf7e3f16d747e77e927dc94287f86eb95a64d83d
    • Once the contract address upgrade is completed, deposits and withdrawals for the new VEMP token will be opened immediately without further notice.

Notes:

  • BingX will provide the token swap services for token holders, and users will not need to convert their holdings manually.
  • After the token swap, BingX will no longer support deposits for the old VEMP tokens. Please avoid depositing any old VEMP tokens after the token swap to prevent loss of assets.
  • The trading resumption time for VEMP will be announced separately once the listing review is completed.

For more information, please refer to the project's announcement.

 

BingX Operation Team
2024-11-01
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