Announcements Gate.io Supports BinaryX (BNX) Migration to Four (FORM)

Gate.io Supports BinaryX (BNX) Migration to Four (FORM)

2025-02-27 06:59:43 UTC 69037 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the <a href="https://binary-x.medium.com/the-four-token-symbol-has-been-revised-to-form-for-greater-token-identity-on-bnb-chain-2db169fa4039" rel="nofollow noopener noreferrer" target="_blank">official news from the BinaryX (BNX) project team</a>, the BinaryX (BNX) tokens will be migrated to Four (FORM) at a ratio of  1:1. <a href="https://www.gate.io/" target="_blank">Gate.io</a> will support this migration and provide seamless token swap services for users. BinaryX (BNX) holders on Gate.io do not need to take any action.

**Gate.io will take the following steps for the migration**:

1)  For users who have active positions in the BinaryX (BNX) futures trading market, Gate.io encourages adjusting strategies in advance. Starting from March 17, 2025, at 08:00 UTC, the BNX/USDT futures trading market will switch to "Reduce-Only" mode.
2) On March 18, 2025, at 08:00 UTC, Gate.io will automatically settle open futures trading positions at the average index price in the half-hour before the futures trading stops. Any outstanding orders will be canceled automatically. Users with open positions in this market should adjust their strategies and close positions before March 18, 2025, at 08:00 UTC to avoid automatic settlement.
3) Starting from March 18, 2025, at 08:00 UTC, Gate.io will suspend the deposit, withdrawal, and trading services for BinaryX (BNX), including BNX_USDT and BNX_TRY spot trading pairs as well as quantitative grid trading.
4) Users who have active quantitative grid trading positions for BinaryX (BNX) should adjust their trading strategies beforehand. Otherwise, the trades will be terminated automatically before March 18, 2025, at 08:00 UTC.
5) New Four (FORM) Token ID: 0x5b73A93b4E5e4f1FD27D8b3F8C97D69908b5E284 (BSC)

Please note that <a href="https://www.gate.io/" target="_blank">Gate.io </a> will no longer support BinaryX (BNX). The listing time for Four (FORM) will be announced separately after Gate.io completes the listing review.

Project Team’s Announcement: https://binary-x.medium.com/the-four-token-symbol-has-been-revised-to-form-for-greater-token-identity-on-bnb-chain-2db169fa4039

<sp>
**Gateway to Crypto**
Trade over 3,700 cryptocurrencies safely, quickly, and easily on Gate.io

• Visit our <a href="https://www.gate.io/" target="_blank">Official Website</a>
• Download <a href="https://www.gate.io/mobileapp?ch=ann43571" target="_blank">Gate.io App</a> / <a href="https://www.gate.io/mobileapp?ch=ann43571" target="_blank">Web</a> now
• Follow us on Gate.io <a href="https://x.com/Gate_io" rel="nofollow noopener noreferrer" target="_blank">X (Twitter)</a> to get more bonuses
• Join our <a href="https://t.me/gateio_en" rel="nofollow noopener noreferrer" target="_blank">Telegram</a> to discuss hot topics
• Join our <a href="https://www.gate.io/community" target="_blank">Global Community</a> to get more updates
• We provide <a href="https://www.gate.io/proof-of-reserves" target="_blank">100% proof of reserves</a>
• <a href="https://www.gate.io/signup" target="_blank">Sign up</a> to enjoy max. $10,000 in rewards exclusively for new users
• Get 40% commission from <a href="https://www.gate.io/referral" target="_blank">referrals</a>

Gate.io Team
February 27, 2025

Change & Chart Start-End Time

Rise/Fall Color

Pay With

Gate.io Supports BinaryX (BNX) Migration to Four (FORM)

Gate.io Supports BinaryX (BNX) Migration to Four (FORM)

Select language and region

Select your region

Fiat Currencies