Introducing Metal DAO (MTL) Mainnet Swap Supported by Binance
Are you ready for the upcoming Metal DAO (MTL) mainnet swap? Binance, a global leader in cryptocurrency exchange, has announced its support for this transition. Starting from June 24, 2024, at 02:00 (UTC), all deposits and withdrawals of old MTL tokens will be suspended as the platform gears up for the new Metal DAO mainnet.
What does this mean for users? The good news is that spot trading, margin trading, futures trading, and Binance Earn services will continue as usual during the mainnet swap. Binance will take care of all technical aspects to ensure a smooth transition for users. However, it’s crucial for users to complete any pending transactions involving old MTL tokens before the suspension kicks in to avoid any disruptions.
Here are some key details of the swap to keep in mind:
– All old MTL tokens will be swapped for new MTL tokens at a 1:1 ratio.
– After the swap, deposits and withdrawals of old MTL tokens will no longer be supported.
– Binance will issue a separate announcement once the swap is finalized to notify users when deposits and withdrawals of new MTL tokens will be open.
For further information, refer to the Metal DAO project team’s official announcement. As always, Binance stresses the importance of understanding the risks and volatility associated with digital assets. Users are encouraged to seek advice from financial experts before making any investment decisions.
Stay updated by visiting Binance’s official announcement page for the latest updates on the Metal DAO mainnet swap. Get ready for this transition and make the most of your crypto holdings with Binance.