According to an official announcement, Binance will support the exchange of Beefy (BIFI) contracts from BEP20 and BEP2 to ERC20. The specific arrangements are as follows: Binance will suspend BIFI (BEP20 and BEP2) deposit and withdrawal services on October 17 at 7:00 (GMT+8); During the contract exchange period, BIFI spot trading, Binance Earn, and Binance Pay services will not be affected; Old BIFI tokens in Binance user accounts will be exchanged for new BIFI tokens at a 1:1 ratio.

Binance will assist users holding BIFI tokens in their Binance accounts with any technical issues involved; After the contract exchange is completed, Binance will no longer support BIFI (BEP20 and BEP2) deposit and withdrawal services; After the contract exchange is completed, the deposit and withdrawal opening time for BIFI (ERC20) will be announced separately.