Gate Completed Merit Circle (MC) Token Split and Migration to Beam (BEAMX)

According to the Merit Circle (MC) team, $MC tokens were arranged to be swapped for $BEAMX at a ratio of 1:100. Gate has successfully completed the token swap, and users can view the details in Account Statement. The trading for the new $BEAMX token will commence on November 8, 2023, 08:00 A.M. UTC.

Swap Ratio: 1: 100
1 $MC = 100 $BEAMX

Trading Start Time: November 8, 2023, 08:00 A.M. UTC

New $BEAMX Token ID:
0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE (ETH)
0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE (BSC)

It is important to note that Gate will no longer support $MC and will subsequently provide deposit services for $BEAMX on both ETH and BSC. Withdrawal services for $BEAMX will be enabled after the trading services are resumed.

Please be aware that after the token swap, the supply of $BEAMX would be 100 times that of $MC. Without considering other factors that might impact the price, the price of $BEAMX would be 1/100 that of $MC. After trading resumes, please ensure you have a clear understanding and avoid placing orders at the wrong prices.

Deposit $BEAMX: https://www.gate.com/zh/myaccount/deposit/BEAMX
Trade $BEAMX: https://www.gate.com/zh/trade/BEAMX_USDT

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Gate Team
November 6, 2023