MEXC Will Support the BinaryX (BNX) Token Swap and Redenomination Plan

Dear Users,

MEXC will support the BinaryX (BNX) token swap and redenomination plan with the following arrangements:

At 2023-02-22 14:00 (UTC), MEXC will suspend deposits and withdrawals of BNX. Please ensure that you leave sufficient time for your BNX deposits to be fully processed prior to this time.
At 2023-02-23 02:00 (UTC), MEXC will suspend and delist BNX/USDT spot trading pair and cancel all pending BNX spot trade orders.
At 2023-02-10 14:00 (UTC), MEXC Futures will suspend the opening of BNX futures positions.
- MEXC Futures will be delisting BNX USDT-M perpetual futures at At 2023-02-11 03:00 (UTC). MEXC will use the index price at the time of delisting as the settlement price to close all positions of the affected trading pair.
- Once delisted, all unfilled orders of the affected trading pair will be canceled.
- It is recommended that users make use of the search bar to close all open positions of the affected trading pair in order to minimize risks and prevent unnecessary losses.
- A separate announcement will be made for relisting.

At 2023-02-11 03:00 (UTC), MEXC will cease trading and delist BNX3L/USDT and BNX3S/USDT ETF trading pairs.
- Users are strongly advised to close their positions prior to the cessation of ETF trading to avoid any potential losses. Otherwise, the platform will conduct a unified liquidation settlement at 2023-02-11 03:00 (UTC). Based on the snapshot of your BNX3S/3L net value at the delisting time, we will distribute USDT (equivalent to your BNX3S/3L net value) to your spot wallet within 72 hours after delisting.
- A separate announcement will be made for relisting.

At 2023-02-15 02:00 (UTC), MEXC will suspend BNX/USDT isolated margin borrowing.
- At 2023-02-16 02:00 (UTC), MEXC will close all BNX margin positions, conduct an automatic settlement and cancel all pending BNX margin orders. We will then delist the BNX/USDT isolated margin trading pair.
- A separate announcement will be made for relisting.
- Users are strongly advised to close their positions prior to the cessation of margin trading to avoid any potential losses.
At 2023-02-10 14:00 (UTC), MEXC staking will terminate the Flexible Staking service for BNX.

Details of Token Swap:

MEXC will recover all old BNX balances, and begin the distribution of new BNX to all eligible users at a ratio of 1 old BNX = 100 new BNX.
At 2023-02-23 14:00 (UTC), trading will open for the BNX/USDT spot trading pair.
MEXC will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of BNX will be opened.
BinaryX (BNX) (BEP20) smart contract address:
0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD