|Note This article was last updated on October 13, 2022 to reflect changes to the Polymath POLY-to-POLYX listing schedule. Advanced Trading for POLYX/USDT, POLYX/BTC, and POLYX/BUSD will begin at a later date.|
Binance.US will support the Polymath (POLY) mainnet swap and rebrand from Polymath (POLY) to Polymath (POLYX) on October 9, 2022. Continue reading for more information regarding the timeline of the mainnet swap and rebrand.
- October 6, 2022 at 7 p.m. PDT / 10 p.m. EDT. Buy, Sell & Convert for POLY will be delisted.
- October 9, 2022 at 4:30 p.m. PDT / 7:30 p.m. EDT. All existing POLY trading pairs, including POLY/USD, POLY/USDT, POLY/BUSD, and POLY/BTC will be delisted. All open and pending orders will be canceled. Rest assured your funds will be safe while we facilitate the mainnet swap and rebrand on your behalf.
- October 9, 2022 at 5 p.m. PDT / 8 p.m. EDT. Deposits and withdrawals for Ethereum (ERC) network POLY will be suspended. If you’re planning to make ERC-20 POLY deposits and withdrawals, budget enough time to ensure your transactions will be completed ahead of the suspension times outlined above.
- October 17, 2022 at 5 a.m. PDT / 8 a.m. EDT (estimate only). Trading will resume for POLYX/USD pairs.
- Advanced Trading functionality for POLYX/USDT, POLYX/BTC and POLYX/BUSD pairs will open at a later date.
- Binance.US will issue the following separate, standalone announcements:
- Once the mainnet swap is complete, to notify users when POLYX deposits and withdrawals open.
- When Advanced Trading functionality for POLYX/USD, POLYX/BTC, and POLYX/BUSD opens.
POLY-to-POLYX Token Swap Details:
- Before trading resumes for POLYX trading pairs, Binance.US will distribute POLYX to all eligible users, by calculating their POLY balances and distributing POLYX at a ratio of 1 POLY = 1 POLYX.
- Deposits and withdrawals for Polymesh (POLYX) network POLYX will be opened once Binance.US deems the network to be stable.
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Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.