Binance Announces Conversion of Delisted Cryptos to USDC—Users Must Withdraw by Deadline
Binance has announced that it will convert several delisted tokens into USDC stablecoin.
Affected users must withdraw these tokens by September 1, 2024, as withdrawals will no longer be supported afterward. The conversion, covering tokens like Bitcoin Gold (BTG), Monero (XMR), and others, will take place from September 2, 2024, to March 1, 2025, based on the average exchange rate during this period.
Binance will notify users by email with details on exchange rates and conversion completion. After the deadline, users will be unable to transfer these tokens from their Binance accounts.
Clever Robot News Desk 15th August 2024