Cryptocurrency exchange Binance announced to its users that this altcoin supports the mainnet transition. Continue Reading: Bitcoin Exchange Binance Announced That It Supports the Mainnet of This Altcoin!
Binance, the leading global cryptocurrency exchange, announced that it supports Enjin Coin (ENJ) mainnet migration.
Binance Expands Support for Enjin Coin (ENJ) Mainnet Migration
Starting at 06:00 on October 31, 2023, all ENJ (ERC20) deposits and withdrawals will be temporarily suspended. During this period, all ENJ (ERC20) tokens will be seamlessly exchanged with mainnet ENJ tokens at an equivalent ratio of 1:1.
The mainnet transition will have no impact on ENJ spot trading, margin trading, futures trading, as well as Binance Earn, Binance Pay and Binance Gift Card services. These services will continue to operate without interruption.
For users holding ENJ tokens in their Binance accounts, Binance will manage all technical aspects of the transition.
Related News: Google's Investment Increased Artificial Intelligence Projects! Here are the Affected Altcoins!
Following the successful completion of the mainnet transition, a special announcement will be released informing that deposits and withdrawals for mainnet ENJ tokens will be reopened.
After the mainnet transition, ENJ (ERC20) tokens will receive the ENJOLD ticker on the Binance platform.
Users will have the option to deposit ENJOLD tokens into their Binance accounts and seamlessly convert them into mainnet ENJ tokens via the Binance Convert feature.
It is important to note that withdrawals of ENJOLD tokens will not be supported.
*This is not investment advice.
Continue Reading: Bitcoin Exchange Binance Announced That It Supports the Mainnet of This Altcoin!