Question 1

How can BinaryX [OLD] be distinguished from the post-split BNX?

Accepted Answer

This listing refers to the pre-split version. Gate’s old-version listing shows the BNB Chain contract abbreviation 0x8c851d1...902df5f97, while the BNX issued after the 2023 split used a different BEP20 contract. Check both the network and contract when identifying a version; the BNX ticker alone is insufficient.

Question 2

How were balances converted in the 2023 1:100 split?

Accepted Answer

Under that conversion rule, 1 old BNX corresponded to 100 new BNX. For an old balance that met the swap conditions, multiply the amount by 100 to obtain the corresponding new-token amount. For example, 2.5 old BNX corresponded to 250 new BNX.

Question 3

Did the hundredfold increase in token count after the split mean the asset’s value also increased one hundredfold?

Accepted Answer

No. The 1:100 ratio converted old tokens into units under a new contract; the larger token count was a conversion result. New and old units should not be treated as the same unit when calculating gains, and the swap ratio alone does not establish growth in asset value.

Question 4

Did BNX held on Gate at the time require a manual swap?

Accepted Answer

According to Gate’s 2023 contract-swap announcement, the platform provided the conversion service for users on the platform, and no user action was required to complete the swap. That was the handling method for this particular platform migration.

Question 5

Did Gate’s automatic-conversion arrangement also cover old BNX in personal wallets?

Accepted Answer

The no-action arrangement in the announcement applied to users on the platform. It does not establish that old BNX held in a personal wallet would be replaced automatically. External-wallet balances were outside the stated scope of that platform conversion.

Question 6

Which new BNX contract should be checked after the 2023 split?

Accepted Answer

The new BNX from that event used the BEP20 contract 0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD. This is the historical contract identifier for the post-split BNX; checking the address can establish whether it is that version.

Question 7

What was the relationship between BNXOLD and BNX in historical announcements?

Accepted Answer

BNXOLD was the ticker the third-party platform assigned to old BNX during the swap to distinguish it from new BNX. It was that platform’s label for the older version, not a separately created project, and it should not be assumed that every platform used the same ticker.

Question 8

How were spending use cases that had used old BNX handled after the split?

Accepted Answer

The split arrangement moved all consumption scenarios for old BNX to new BNX. Therefore, early usage materials need to be read with their relevant version in mind; the historical uses of the old token should not be treated as descriptions that continued to apply to the old contract.

Question 9

Was the BNX split decision subject to a community vote?

Accepted Answer

A project-issued explanation stated that the split decision went through a DAO vote and received 99.5% support. That figure describes the result of that specific vote; it does not mean every holder voted, nor is it a fixed approval threshold for future governance proposals.

Question 10

Was the 1:1 BNX-to-FORM migration the same event as the earlier 1:100 split?

Accepted Answer

No; they were different stages. The 2023 arrangement converted old BNX into BNX under a new contract at 1:100. The arrangement announced in 2025 was a later migration of BNX to Four (FORM) at 1:1. The latter ratio cannot be applied directly to the pre-split version.

Question 11

If the two conversions are chained, how many FORM did 1 earliest old BNX correspond to by quantity?

Accepted Answer

Using only the two ratios, 1 pre-split old BNX first corresponded to 100 post-split BNX and then, under the later 1:1 rule, to 100 FORM. This calculation assumes both migrations applied and were completed; it does not mean an old-contract balance could skip the first step or promise that conversion services remained open.

Question 12

Can old BNX and new BNX quantities be added directly when organizing cross-version holding records?

Accepted Answer

No, because the two versions use different units of account. To compare them on the basis of the 2023 split, first multiply the old-BNX quantity by 100 so it is expressed in new-BNX units. The same asset, once converted, should also not be counted twice in old and new records.

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