Gate Supports BinaryX (BNX) Smart Contract Migration & Token Split

According to the BinaryX (BNX) team, the BinaryX (BNX) token will be migrated to the new $BNX at a ratio of 1:100. Gate fully supports the migration and will swap tokens for users. If your $BNX tokens are currently on Gate, you don’t need to do anything in particular.

Details:

1. Gate will close the new margin borrowing service of $BNX on February 11, 2023, 04:00 AM UTC.
2. Gate will close the deposit, withdrawal and trading of $BNX, including spot trading, quantitative trading, Lend & Earn, and margin trading, on February 20, 2023, 08:00 AM UTC.
3. Users who have in-progress $BNX quantitative trading should adjust their trading plans beforehand. Otherwise, the plans will be terminated automatically by February 20, 2023, 08:00 AM UTC.
4. Users who have assets in Lend & Earn may manually redeem them in advance. Otherwise the assets will be liquidated by February 20, 2023, 08:00 AM UTC.
5. Users who have outstanding $BNX loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically by February 20, 2023, 08:00 AM UTC.
6. New $BNX contract address:
   0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD（BSC）

Note: After the swap, Gate will provide the deposit and withdrawal services of the new $BNX token. The old $BNX token will not be supported.

BinaryX (BNX) Announcement:
https://binary-x.medium.com/bnx-token-split-to-go-live-3e9bfd136c21

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Gate Team
February 10th, 2023