Rongchai Wang
Aug 30, 2024 22:08
Binance has finalized the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). Deposits, withdrawals, and spot trading for SLF tokens are now available.
Binance, a prominent cryptocurrency exchange, has successfully completed the token swap and rebranding of Frontier (FRONT) to Self Chain (SLF). This transition marks an important milestone for the platform, providing users with updated and improved trading options.
Token Swap and Rebranding Details
The token swap was executed at a 1:1 ratio, ensuring a seamless conversion from FRONT to SLF tokens. With deposits, withdrawals, and spot trading now open for SLF tokens, users can take advantage of these new opportunities on the Binance platform.
Impact on Users
Users with active Spot Copy Trading portfolios can now incorporate the new SLF pairs into their strategies by adjusting their preferences in the settings. Additionally, users can access their token distribution history and acquire their designated SLF token deposit addresses through their Binance wallets.
Important Notes
- The token swap was carried out at a ratio of 1 FRONT = 1 SLF.
- Users can deposit their old FRONT tokens and exchange them for new SLF tokens via Binance’s conversion feature.
- Withdrawals of old FRONT tokens are no longer supported.
It is recommended for users to refer to the original English version of the announcement for the most accurate information, as translated versions may contain discrepancies.
Market Context
Binance’s decision to rebrand and implement a token swap aligns with its continuous efforts to enhance platform functionality and user experience. By introducing new trading pairs and improving liquidity, Binance aims to provide a more robust trading environment for its growing user base.
For further details, users can access the official Binance announcement page.
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