Binance, one of the world's leading cryptocurrency exchanges, has announced its support for the upcoming Chiliz (CHZ) 2.0 mainnet integration and exchange.
Binance Chiliz (CHZ) Announces 2.0 Mainnet Integration and Swap Support
This important development will cover not only the CHZ token itself, but also all of Chiliz's highly sought-after fan tokens currently on the Binance platform.
These tokens are AC Milan (ACM), AS Roma (ASR), Atlético de Madrid (ATM), FC Barcelona (BAR), Manchester City (CITY), Juventus (JUV), OG (OG) and Paris Saint-Germain (PSG). It covers many popular football clubs such as
To ensure a smooth transition, Binance has summarized the following key points that users and enthusiasts should pay attention to:
All BEP2 standard Chiliz (CHZ) tokens will be seamlessly migrated to the CAP20 standard with a fair ratio of 1:1.
Chiliz's highly valued fan tokens, which were previously in Chiliz Legacy Chain and BEP20 standards, will be converted to the CAP20 standard at a ratio of 1:1.
Deposits and withdrawals of Chiliz (CHZ) tokens through the BEP2 network will be stopped.
Depositing and withdrawing Chiliz's fan tokens via the Chiliz Legacy Chain and BEP20 networks will not be supported.
However, it is important to note that deposits and withdrawals of ERC20 standard Chiliz (CHZ) tokens will not be affected during this process.
*Not investment advice.