Binance will perform a conversion of any remaining New Bitshares (NBS) balances to USDT based on users’ NBS holdings in their Binance wallets at the snapshot time of 2023-09-09 00:00 (UTC).
Binance will then replace all New Bitshares (NBS) token balances in users’ Binance wallets with an equivalent amount of USDT by 2023-12-08 23:59 (UTC). The conversion will be executed on the basis of the average NBS/USDT exchange rate between 2023-09-09 00:00 (UTC) and 2023-12-08 23:59 (UTC) (hereinafter referred to as “Conversion Period”).
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