Binance has announced the completion of the rebranding process for BinaryX (BNX) to Four (FORM). Users can now start deposits and trading of the new FORM cryptocurrency on the platform.
Automatic Conversion of BNX to FORM
All BNX token holders automatically received FORM tokens as a result of the conversion on the Binance platform, with a conversion rate of 1 BNX = 1 FORM. Users can check their distribution history through their Binance accounts. New deposit addresses for FORM tokens are accessible via Binance accounts. Deposits and withdrawals for old BNX tokens are no longer supported.
Key Points for Binance Users Post-Conversion
Binance users can engage in spot trading with their FORM tokens and utilize the new trading pair in their Copy Trading portfolios. The FORM/USDT trading pair will open for transactions today at 11:00 AM GMT+3. As the conversion process for BNX holders was automatic, users do not need to take additional steps. However, due to the discontinuation of the BNX token, users need to adapt to using FORM tokens for conducting operations.
Goals and Prospects of the Four Project
The Four project focuses on developing decentralized gaming projects and serves as the main network asset within its ecosystem. The transition aims to expand its user base in the cryptocurrency market with a new name and structure.
The rebranding of BNX to FORM on the Binance platform emphasizes the project team's goal to establish a new identity and outline development prospects in the cryptocurrency sphere.