Binance has officially transitioned BinaryX (BNX) into a new digital currency called Four (FORM). Users are now able to deposit FORM coins, with withdrawals beginning today at 12:00 PM GMT+3. Trading for the FORM/USDT pair will start shortly before at 11:00 AM GMT+3, allowing users to seamlessly integrate this new coin into their trading activities.
What Happens to Existing BNX Coins?
All holders of BNX coins have automatically had their assets converted to FORM coins at a 1:1 ratio. Users can easily verify their conversion history by checking their Binance accounts.
Why the Change to Four (FORM)?
The rebranding from BNX to FORM reflects a strategic initiative by the project team to launch a new identity, aiming to attract a wider segment of users in the cryptocurrency landscape.
Key details for Binance users include:
- FORM coins are now available for spot trading.
- The trading pair FORM/USDT is set to launch today at 11:00 AM GMT+3.
- Users should update their deposit and withdrawal addresses within their Binance accounts.
- No additional action is needed for BNX holders due to the automatic conversion.
The Four cryptocurrency project is aimed at advancing decentralized gaming initiatives, positioning itself as the primary asset within its ecosystem.