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Reading: Flash Announcement for This Altcoin! Withdraw from Binance or Get ETH Refund!
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EdaFace Newsfeed > Latest News > Altcoin News > Flash Announcement for This Altcoin! Withdraw from Binance or Get ETH Refund!
Altcoin News

Flash Announcement for This Altcoin! Withdraw from Binance or Get ETH Refund!

vitalclick
Last updated: October 24, 2024 10:17 pm
5 months ago
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BinanceIn line with an important decision taken by Aragon (ANT), ANT token holders will be able to transfer their assets to Ethereum (ETH). $2,522 He announced that he would offer a refund in return. According to the official statement made on October 24 Aragon Foundation Using a large portion of its treasury, ANT will give its holders the opportunity to exchange their coins for ETH at a fixed rate. This fixed rate was set at 0.0025376 ETH/ANT.

Deadline October 28, 2024Refund will be given in exchange for Coin Withdrawal or ETH

Deadline October 28, 2024

Binance will start this process on behalf of users as of October 28, 2024. ANT Owners’ balances will be removed from their accounts as of 07:59 Turkish time (TSI). In its place Ethereum Provisions will be transferred to accounts by November 9, 2024.

Binance also emphasized that users who do not want to participate in this transaction should withdraw their ANT coins before 07:59 on October 28, 2024. After this time, ANT withdrawals will be disabled and users will not be able to move their coins to a wallet outside Binance. Likewise, ANT deposits will no longer be supported and such transactions will not be reflected in the user’s account.

Refund will be given in exchange for Coin Withdrawal or ETH

Users must choose between withdrawing their coins or receiving a refund in exchange for ETH at a flat rate. After the process is completed, users will be able to see their Ethereum balance in their accounts.

This step of the Aragon Foundation is to give ANT holders their coins at a certain rate. ETHIt offers the opportunity to transform into . The fixed rate was set at 0.0025376 ETH/ANT. The amount calculated according to this ratio will be transferred to the user’s account instead of the returned coins.

After Binance’s announcement, users of the cryptocurrency exchange must make a quick decision about the process and complete their transactions within the specified dates.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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