PANews reported on December 26th that, according to a Binance announcement, the platform will support the mainnet switch and rebranding of Frax Share (FXS) as FraxPANews reported on December 26th that, according to a Binance announcement, the platform will support the mainnet switch and rebranding of Frax Share (FXS) as Frax
Binance supports the FXS mainnet switch and renaming to FRAX, and related trading will be gradually adjusted starting January 13th.
PANews reported on December 26th that, according to a Binance announcement, the platform will support the mainnet switch and rebranding of Frax Share (FXS) as Frax (FRAX). All FXS will be exchanged for FRAX at a 1:1 ratio. The FXS spot trading pair will be delisted on January 13th at 03:00 (UTC), and FRAX/USDT trading will begin on January 15th at 08:00. FXS deposits, withdrawals, contracts, leverage, lending, wealth management, and payment functions will be gradually terminated and migrated to FRAX. Binance will automatically handle the technical processing; users should adjust their positions in advance to avoid potential losses.
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