Announcements: WRX, FET, AGIX, OCEAN Updates
Binance captures the attention of the cryptocurrency sector with its announcements. Today, Binance made significant announcements regarding four altcoins: WRX, FET, AGIX, and OCEAN.
Contract Swap Completed for WRX
Binance has announced the completion of the WazirX (WRX) contract swap. Here are the details shared on the matter:
- Binance has successfully completed the WazirX (WRX) contract swap.
- Deposits and withdrawals for the new WRX tokens are now open.
- The swap was conducted at a ratio of 1 WRXOLD = 1 new WRX.
- Users can obtain their new WRX token deposit addresses from the Binance website.
- Deposits and withdrawals of WRXOLD tokens on the BNB Beacon Chain (BEP2) network will no longer be supported.
- Withdrawals of WRXOLD tokens on the Ethereum (ERC20) and BNB Smart Chain (BEP20) networks will no longer be supported, though deposits will remain open.
Updated Leverage and Margin Tiers for FET, AGIX, and OCEAN
In addition to WRX, Binance has made an important announcement concerning FET, AGIX, and OCEAN, which have been prominent in the crypto sector lately. These three altcoins, soon to be unified under the name ASI, have had their leverage and margin tiers updated.
Binance Futures will update the leverage and margin tiers for FETUSDT, AGIXUSDT, and OCEANUSDT USDⓈ-M Perpetual Contracts as of 13:30 (UTC+3) on June 13, 2024, according to the tables below.
Please note that existing positions opened prior to the update will be affected.
Binance’s announcements regarding WRX, FET, AGIX, and OCEAN present significant changes and opportunities for crypto investors and traders. The completion of the WRX contract swap and the opening of deposits and withdrawals for new tokens is a major development for investors. Similarly, the updated leverage and margin tiers for FET, AGIX, and OCEAN are crucial details for those trading these altcoins.
Keeping a close watch on such updates in the cryptocurrency markets is of great importance for investors. Binance’s announcements can directly influence market activity and investor strategies. Therefore, it is advised that investors closely follow Binance’s official announcements and updates.
