Binance announced that it will support the conversion of MATIC tokens to POL tokens on September 10, 2024. The conversion is seen as a significant shift in the cryptocurrency world. Accordingly, all MATIC transactions will be halted and POL transactions will commence. Binance also provided details on the matter.
Binance Supports Polygon’s (MATIC) Conversion to POL
Binance announced that it will support the swap of Polygon (MATIC) tokens with Polygon (POL). In this context, the exchange will delist all existing MATIC spot trading pairs, namely MATIC/BNB, MATIC/BRL, MATIC/BTC, MATIC/ETH, MATIC/EUR, MATIC/FDUSD, MATIC/JPY, MATIC/TRY, MATIC/USDC, and MATIC/USDT, starting from 06:00 AM Turkey time on September 10, 2024. Additionally, all pending MATIC spot trading orders will be canceled.
Binance will also open trading for POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT trading pairs starting from 1:00 PM on September 13, 2024.
Binance advised its users to pay attention to the relevant dates and to conduct their transactions accordingly. Lastly, Binance made an announcement regarding the cryptocurrency KLAY. The exchange stated that it would support the Klay update and hard fork, which will occur around 4:30 AM on August 29, 2024.
