Cryptocurrency exchange Binance has announced a rebranding of Ethernity Chain tokens from ERN to EPIC, ceasing operations with old tokens and integrating new ones.
Token Exchange Schedule
On February 28, Binance confirmed that all trading pairs associated with ERN tokens will be eliminated on March 10 at 03:00 UTC. Withdrawals of these tokens will be halted shortly after, at 03:30 UTC. Deposits for the EPIC tokens will initiate on March 13 at 07:00 UTC, with trading of the EPIC/USDT pair commencing the same day at 08:00 UTC.
Market Response
Following Binance’s announcement, ERN tokens experienced a remarkable price surge of 31%, reaching $1.67. This spike was accompanied by a trading volume increase of 514%, indicating robust market interest. Analysts suggest that this transition is viewed favorably by users, signaling optimism for Ethernity Chain’s prospects moving forward.
Key Points
Key points: token exchange from ERN to EPIC is set for March 10, 2023; withdrawal of ERN tokens will stop shortly after trading pairs are removed; EPIC tokens will be available for deposit starting March 13; significant price increases and trading volumes suggest positive market reception; users should stay updated on other service changes on Binance.
As Binance prepares to implement these changes, users should monitor their accounts to stay informed about updates and service modifications. The exchange’s proactive approach reflects its commitment to maintaining a responsive trading environment.
