Trezor & Binance: Essential Updates on EOS Mainnet Token Swap – Bitcoinist.com

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Trezor & Binance: Critical Updates on EOS Mainnet Token Swap - Bitcoinist.com

Binance has offered an replace regarding the upcoming EOS Mainnet Token Swap. 


Don’t Miss the Deadline

The workforce at Binance has communicated straight with the EOS workforce and has since confirmed that the EOS ERC20 Token Community will freeze at 9:59:59 PM UTC on June 2nd.

Based on an official announcement, Binance will reopen EOS deposits till four:00 PM UTC on June 2nd. After that point, the favored alternate “will droop deposits once more and course of the EOS Mainnet Swap as beforehand introduced.”

Although questions are nonetheless being requested on social media relating to whether or not or not Binance will assist the EOS Mainnet Token Swap, the worldwide multi-language cryptocurrency alternate confirmed its assist three months in the past, writing:

Binance wish to affirm that we are going to assist the EOS MainNet Token Swap. We’ll deal with all technical necessities concerned for all customers holding EOS.

For these nonetheless unaware, “EOS Tokens will turn into mounted (non-transferable) on the Ethereum blockchain inside 23 hours after the tip of the ultimate EOS Token distribution interval which can happen on June 1, 2018, at 22:59:59 UTC.” As such — in an effort to forestall the pointless lack of funds — the Binance workforce additionally advises:

To stop any lack of funds, please be certain that you permit ample time on your EOS deposits to be processed previous to the suspension of deposits at 2018/06/02 four:00 PM UTC.

EOS buyers holding their tokens on Trezor, in the meantime, will need to instantly register them, per EOS’ official pointers. Failing to take action earlier than June 2nd could result in the lack of all their EOS tokens — as acknowledged in an official announcement from the favored cryptocurrency storage resolution.

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