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Binance will support Merit Circle (MC) token swap, increment and brand upgrade to Beam (BEAMX) plan

According to the official announcement, Binance will support the Merit Circle (MC) token exchange, incremental upgrade, and rebranding to the Beam (BEAMX) plan. Specifically: Binance will suspend the recharge and withdrawal of MC (ERC20 and BEP20) on November 7, 2023 at 11:30 (GMT+8). Note: MC tokens recharged after this time will not be credited, please recharge in advance; -After the token exchange, incremental upgrade, and rebranding are completed, Binance will announce the opening time of BEAMX (ERC20 and BEP20) recharge and withdrawal separately; -After the token exchange, incremental upgrade, and rebranding are completed, Binance will no longer support the recharge and withdrawal of MC tokens; -Binance will use BEAMX as the new MC token code, which will be displayed differently on the chain; -All MC tokens will be exchanged for BEAMX tokens at a ratio of 1 MC = 100 BEAMX; -Trading and delisting of all MC spot trading pairs will be stopped and trading robot services for the above spot trading pairs will be terminated; -Binance will open BEAMX/USDT spot trading on November 14, 2023 at 16:00 (GMT+8); -Binance will suspend MC leverage business and automatically close and liquidate its positions; -Binance will stop MC pledge borrowing and automatically close and liquidate its positions; -Binance will stop providing MC current and fixed-term products; -Binance Pay will remove MC.

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