en.bitcoinsistemi.com
Binance has announced support for the upcoming Frontier (FRONT) token swap and rebranding to Self Chain (SLF).
Binance to Support Frontier (FRONT) Token Swap and Rebrand to Its Own Chain (SLF)
This change includes the delisting of existing FRONT spot trading pairs and the launch of SLF trading pairs by the end of August.
Important Dates and Changes
August 27, 2024, 06:00: Binance will delist all FRONT spot trading pairs (FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT) and cancel all pending orders.
August 27, 2024, 06:30: Deposits and withdrawals for FRONT tokens will be suspended.
August 30, 2024, 11:00: Trading will open for SLF in SLF/BTC, SLF/TRY, SLF/USDC and SLF/USDT pairs.
Token Swap and Rebranding Details
The token swap will see FRONT tokens converted to SLF tokens at a 1:1 ratio. The ticker symbol on Binance will also change from FRONT to SLF. The platform will manage all technical aspects of the swap, ensuring a seamless process for users.
Following the swap, withdrawals of FRONT tokens will no longer be supported. Users should ensure that any pending FRONT deposits are completed prior to the suspension on August 27th.
Impact on Trading and Bots
Spot Trading: Binance will halt trading of all FRONT spot pairs, remove orders, and delist trading pairs on August 27.
Trading bots for these pairs will also be disabled and users are advised to update or cancel their bot settings in advance.
Futures: Binance Futures will close all positions and automatically close FRONTUSDT perpetual contracts at 12:00 on August 23. Following this, the contracts will be delisted.
*This is not investment advice.