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Announcement | Binance TH

BINANCE TH Will Support the Fantom (FTM) Token Swap and Rebranding to Sonic (S)

2024-12-24

BINANCE TH by Gulf Binance will support the Fantom (FTM) Token Swap and Rebranding to Sonic (S)

Deposits and Withdrawals

  • On 13 January 2025 at 10:00 AM (UTC+7 BKK TIME), deposits and withdrawals of FTM tokens will be suspended. 

  • BINANCE TH will handle all technical requirements involved for all users.

  • After the event is complete, deposits and withdrawals of FTM tokens will no longer be supported.

  • Users may refer to the announcement from the project team for more information.

  • On 16 January 2025 at 04:00 PM (UTC+7 BKK TIME), BINANCE TH will open deposits and withdrawals of S tokens. 

Token Swap and Rebranding

  • FTM tokens will assume the ticker of S token on BINANCE TH.

  • All FTM tokens will be swapped to S at a ratio of 1 FTM = 1 S.

Spot

  • On 13 January 2025 at 10:00 AM. (UTC+7 BKK TIME), BINANCE TH will delist existing FTM spot trading pairs (FTM/USDT) and cancel all pending FTM spot trading orders. 

  • All trade orders will be automatically removed after trading ceases in each respective trading pair.

  • On 16 January 2025 at 04:00 PM. (UTC+7 BKK TIME), BINANCE TH will open trading for the S/BTC, S/BNB, S/ETH, S/FDUSD, S/USDC, and S/USDT trading pairs.

Easy Buy/Sell 

  • Easy Buy/Sell will subsequently delist FTM on 13 January 2025 at 10:00 AM. (UTC+7 BKK TIME).

  • Easy Buy/Sell of S will be effective on 16 January 2025 at 05:00 PM. (UTC+7 BKK TIME).



Thanks for your support

BINANCE TH by Gulf Binance Team