Binance Completes WazirX (WRX) Token Contract Swap

Binance, one of the world’s leading cryptocurrency exchanges, has successfully completed the contract swap for WazirX (WRX) tokens. Users can now deposit and withdraw the new WRX tokens, according to Binance.

Details of the Swap

The swap was conducted at a 1:1 ratio, meaning each WRXOLD token was converted to one new WRX token. Binance has made it clear that deposits and withdrawals for WRXOLD tokens on the BNB Beacon Chain (BEP2) network will no longer be supported.

Additionally, withdrawals of WRXOLD tokens on the Ethereum (ERC20) and BNB Smart Chain (BEP20) networks will also be discontinued. However, deposits for these networks will remain open.

How to Access New WRX Tokens

Users can obtain their new WRX token deposit addresses through Binance’s platform. The exchange has provided a direct link for users to access their new deposit addresses here.

Discrepancy Notice

Binance has issued a notice regarding possible discrepancies in translated versions of the original announcement. Users are advised to refer to the English version for the most accurate information.

Market Implications

The completion of the WRX token swap is a significant move in the cryptocurrency market, particularly for WazirX users. It ensures that the token remains compliant with updated blockchain standards and continues to be a viable asset for trading and transactions.

For more detailed information on the swap and its implications, visit the original announcement on Binance.