Binance announced support for the rebranding of Litentry (LIT) to Heima (HEI) and the corresponding coin swap. This will lead to significant changes for users.
LIT Trading Will Be Halted
As part of the rebranding and coin swap support, Binance will remove existing LIT/BTC and LIT/USDT trading pairs on February 10, 2025, at 06:00 (UTC). All pending orders will be canceled.
Changes in Other Altcoin Services
Additionally, Binance Futures will automatically terminate LITUSDT futures contracts on January 31, 2025, at 09:00 (UTC). Users are advised to close their positions before this date.
Details of the Swap Process
Starting from the specified dates, LIT coin deposits and withdrawals will be permanently halted. HEI coin deposits will commence on February 13, 2025, at 10:00 (UTC). Binance will announce withdrawal dates after the process is completed.
The rebranding and coin swap will affect users, and it's important for them to adapt to these changes to manage their assets on the Binance platform effectively.