Binance announced that it will support the Merit Circle (MC) token swap, revaluation and rebranding as Beam (BEAMX).
Binance Will Support Merit Circle (MC) Token Swap and Rebranding as Beam (BEAMX)
On 07-11-2023 at 06:30, MC (ERC20 and BEP20) deposits and withdrawals will be suspended on Binance.
Binance will make a separate announcement to notify users when BEAMX (ERC20 and BEP20) deposits and withdrawals will be opened after the event is completed.
After the event is completed, deposits and withdrawals for MC tokens will no longer be supported.
Binance will meet all technical requirements for users participating in this event.
The new MC token will receive the ticker BEAMX on Binance. This is different from the on-chain representation.
All MC tokens will be exchanged for BEAMX at the rate of 1 MC = 100 BEAMX.
As of 07-11-2023 06:00, Binance will delist all existing MC spot trading pairs (i.e. MC/BTC and MC/USDT) and cancel all pending MC spot trading orders.
Binance will discontinue Trading Bots services for the above-mentioned spot trading pairs as of 07-11-2023 06:00.
Users are strongly advised to update and/or cancel their Trading Bots before discontinuation of Trading Bots services to avoid possible losses.
At 11:00 on 14-11-2023, trading will be opened for the BEAMX/USDT spot trading pair.
*This is not investment advice.
