Gate.io announcement on supporting BinaryX (BNX) to Four (FORM) Token migration

According to the <a href=“https://binary-x.medium.com/the-four-token-symbol-has-been-revised-to-form-for-greater-token-identity-on-bnb-chain-2db169fa4039” rel=“nofollow noopener noreferrer” target=“_blank”>official announcement of BinaryX (BNX)</a>, BinaryX (BNX) will be migrated to the new token Four (FORM) at a ratio of 1:1. <a href=“https://www.gate.io/zh” target=“_blank”>Gate.io</a> will support this token migration and provide token migration services to users. Users on the platform do not need to take any action to complete the migration.

Gate.io will take the following steps to migrate:

1. If there are any trades in the contract market, please adjust your strategy in advance. The BNX/USDT contract trading market will be adjusted to a liquidation-only mode at 16:00 on March 17, 2025 (UTC+8).
2. On March 18, 2025, at 16:00 (UTC+8), Gate.io will automatically settle the contract positions based on the average index price in the half hour before the contract trading stops. Any unfilled orders will be automatically canceled. If you have trades in the contract market mentioned above, please adjust your strategy in advance and close the positions before 16:00 on March 18, 2025 (UTC+8), otherwise, they will be settled automatically.
3. Gate.io will suspend the deposit, withdrawal, and trading services of BinaryX (BNX) including BNX_USDT, BNX_TRY spot trading pairs, and quantitative grid trading at 16:00 (UTC+8) on March 18, 2025.
4. If there is a quant trading strategy in execution, please adjust the strategy in advance. Otherwise, it will be forcibly stopped before 16:00 on March 18, 2025 (UTC+8). 5）Four （FORM）new Token contract address: 0x5b73A93b4E5e4f1FD27D8b3F8C97D69908b5E284（BSC）

Please note that Gate.io will no longer support the old Token of BinaryX (BNX). The new Token of Four (FORM) will be announced separately after the completion of the Token online review.

Official announcement: https://binary-x.medium.com/the-four-token-symbol-has-been-revised-to-form-for-greater-token-identity-on-bnb-chain-2db169fa4039

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Gate.io February 27, 2025</sp>