Stay Updated on the Metal DAO (MTL) Mainnet Swap with Binance
Binance, a prominent player in the crypto exchange landscape, recently declared its backing for the Metal DAO (MTL) mainnet swap. The exchange will halt all transactions involving old MTL tokens from June 24, 2024, at 02:00 (UTC) as part of the shift to the new Metal DAO mainnet.
Impact on Users
Users can breathe easy as spot trading, margin trading, futures trading, and Binance Earn services will continue without disruption during the mainnet swap. Binance will manage all the technical requirements for users smoothly navigating this transition period.
- Ensure completion of old MTL token transactions before the suspension kicks in to avoid inconveniences.
Key Details of the Swap
- Old MTL tokens will be swapped for new tokens at a 1:1 ratio.
- Following the swap, deposits and withdrawals of old MTL tokens will cease.
- Keep an eye out for Binance’s subsequent announcement post-swap, signaling the reopening of deposits and withdrawals for the new MTL tokens.
For more comprehensive insights, users can refer to the announcement shared by the Metal DAO project team.
Final Notes
It’s imperative for users to acknowledge the disclaimer acknowledging the market risks and price fluctuations inherent in digital assets. Seek advice from financial experts for informed investment decisions.
Binance retains the liberty to modify or revoke this announcement without prior notice at its discretion. For the latest updates, rely on the original English version of the announcement.
For additional details, visit the official Binance announcement.
Image source: Shutterstock
Hot Take: Time to Gear Up for the Metal DAO Mainnet Swap!
If you hold MTL tokens, prepare for the upcoming mainnet swap facilitated by Binance. Stay vigilant as the transition unfolds, ensuring a seamless experience as you navigate the swap alongside the exchange’s support and guidance. Embrace this opportunity to adapt and evolve in the dynamic realm of crypto assets!
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