Binance, one of the world's leading cryptocurrency exchanges, announced that it supports the contract exchange and rebranding initiative of Travala.com by converting it to AVA on the Ethereum (ERC20) network.
Binance Will Support Travala.com's (AVA) Contract Exchange
The change comes with a carefully planned timeline aimed at ensuring a smooth transition for users.
At 06:00 on August 28, 2023, deposits and withdrawals on Travala.com's (AVA) BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20) will be temporarily suspended.
Various services provided by Binance such as spot trading, margin trading, Binance Pay, Binance Gift Card, Auto-Invest, Liquid Swap, Binance Loans, VIP Loan and Simple Earn will continue to operate smoothly during contract swapping.
Upon successful completion of the contract exchange, legacy AVA (BEP2) and AVA (BEP20) tokens will adopt the acronym “AVAOLD”.
This transition is part of a comprehensive rebranding strategy of Travala.com (AVA), where it will emerge as AVA (AVA) and consolidate its identity in the cryptocurrency ecosystem.
To facilitate this transition, users can deposit AVAOLD tokens through the respective BEP2 and BEP20 smart contracts.
The conversion functionality will allow users to exchange AVAOLD tokens for new AVA (ERC20) tokens. It is important to note that withdrawals of AVAOLD tokens will no longer be supported as they will no longer have any token benefits.
*Not investment advice.