Dear XTers,
XT will support the BNX (BinaryX) token swap and brand upgrade to FORM (Four). The specific arrangements are as follows:
- XT will close BNX deposit and withdrawal services at 03:00 on March 17, 2025 (UTC). (Note: XT will no longer support BNX token deposits and withdrawals thereafter).
- XT will delist the BNX/USDT trading pair at 03:00 on March 17, 2025 (UTC). Please cancel your orders in time. Orders that are not canceled by the deadline will be automatically canceled by the system.
- All BNX tokens held by users will be swapped to FORM tokens at a ratio of 1 BNX = 1 FORM.
- XT Futures will automatically liquidate the BNXUSDT USDT-M perpetual futures on March 17, 2025, at 09:00 (UTC), and will remove the BNXUSDT USDT-M perpetual futures trading pair after liquidation. It is recommended that users close their positions before trading stops to avoid automatic settlement of their positions.
- As of 08:30 (UTC) on March 17, 2025, users will not be able to open new positions of the BNXUSDT USDT-M perpetual futures.
- To protect user interests and mitigate potential risks under extreme market conditions, XT Futures may implement additional protective measures for the BNXUSDT USDT-M perpetual futures without further notice. Potential protective measures include, but are not limited to, adjusting leverage and position limits (including the maximum leverage for each tier, position limits, maintenance margin rate), adjusting the funding rate (including the base rate, premium index, rate cap, settlement cycle). The time for re-listing will be announced separately.
- Starting from March 03, 2025, at 03:00 (UTC), XT Futures will close all BNX trading pair API interfaces and proceed with automatic settlement. -
XT will open FORM/USDT trading service at 13:00 (UTC) on March 21, 2025. The opening time of FORM deposit and withdrawal services will be announced separately.
- For more information, please refer to the Project's Announcement.
Thank you for your support!
XT Team
March 03, 2025
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.