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Binance, one of the leading cryptocurrency exchanges, announced that the balances of various tokens it had previously delisted, including Beam (BEAM), Bitcoin Diamond (BCD), GoChain (GO), Neutrino System Base Token (NSBT) and Songbird (SGB), will be transferred to Tether as of June 26, 2024. announced the successful conversion to (USDT).
<h2 id="binance-completes-conversion-of-select-tokens-to-usdt">Binance Completes Conversion of Select Tokens to USDT</h2>
The conversion was made based on users' token holdings in their Binance wallets at 03:00 snapshot time on December 26, 2023.
Only users with token balances worth more than 0.01 USDT based on the average token exchange rate were eligible for conversion.
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-exchange-bitstamp-announced-that-it-will-delist-this-stablecoin-under-mica-rules/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Exchange Bitstamp Announced That It Will Delist This Stablecoin Under MICA Rules!</a>
Conversion rates for tokens are as follows:
<blockquote>
 BEAM: 0.04268 USDT/BEAM
 BCD: 0.06251 USDT/BCD
 GO: 0.00403 USDT/GO
 NSBT: 0.22722 USDT/NSBT
 SGB: 0.00855 USDT/SGB
</blockquote>
The conversion took place between 26 December 2023, 03:00 and 25 June 2024, 02:59. Users can confirm receipt of USDT tokens in the Wallet section under Transaction History and then go to Distribution.
For more details and updates, users are recommended to visit Binance's official announcements and support pages.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announced-these-altcoin-balances-have-been-converted-to-usdt/" rel="noopener noreferrer nofollow">Bitcoin Exchange Binance Announced These Altcoin Balances Have Been Converted to USDT!</a>

Bitcoin Exchange Binance Announced These Altcoin Balances Have Been Converted to USDT!

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