binance.com
Fellow Binancians,
Binance will support the Phoenix Global (PHB) token migration & 100:1 redenomination plan. Further details about this change are shown on the timeline below:
- Deposit and withdrawal of PHB (BEP20, BEP2, NEO) will be suspended at 2021-11-01 02:00 (UTC). Please ensure that you leave sufficient time for your PHB deposits to be fully processed prior to this time.
- Binance will delist all existing PHB spot trading pairs (PHB/BTC and PHB/TUSD) at 2021-11-01 04:00 (UTC) and pending trade orders will be cancelled.
- Binance will recover all PHB balances and begin the distribution of new PHB to all eligible users at a ratio of 100 PHB (Old) = 1 PHB (New).
- After the token migration, the old PHB tokens will be renamed as PHBv1, and the new PHB tokens will assume the PHB ticker with the same logo.
- Trading will then open for PHB/BTC and PHB/TUSD spot trading pairs at 2021-11-05 04:00 (UTC).
- Binance will make a separate announcement after the token swap is completed to notify users when deposits and withdrawals of new PHB will be opened.
- Thereafter, Binance will support the new PHB (BEP20). Users will be able to use the convert function to swap their PHBv1 (BEP20, BEP2, NEO) for new PHB (BEP20) tokens.
- New PHB (BEP20) contract address: 0x0409633A72D846fc5BBe2f98D88564D35987904D
For further information, please refer to the following:Phoenix Global — Token Redenomination, NEO Decommission, and Restaking
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.