Binance will support the plan of replacing GXChain (GXS) mainnet tokens with REI Network (REI) and token increments. The specific arrangements are as follows:

Binance leveraged trading platform will suspend GXS/BTC, GXS/USDT isolated margin and cross margin lending business at 12:30 on April 20, 2022 (East 8th district time).

Binance leveraged trading platform will automatically close and liquidate GXS leveraged positions at 12:30 on April 22, 2022 (East 8th district time), cancel all pending orders, and delist GXS/BTC, GXS/USDT isolated positions and full positions . For trading pairs, the re-listing time will be announced separately.

Binance will stop trading and delist all GXS spot trading pairs (GXS/BTC, GXS/USDT, GXS/BNB, GXS/ETH) at 12:00 on April 25, 2022 (East 8th district time) , and cancel all GXS spot trading pair pending order.

Binance will suspend the deposit and withdrawal of GXS tokens at 12:30 on April 25, 2022 (East 8th district time). Note: GXS tokens recharged after that will not be credited to your account, please recharge in advance, and Binance will handle any technical issues in token swapping for users.

After that, Binance will take a snapshot of the user’s GXS holdings and start issuing REI to eligible Binance users according to the exchange ratio of 1 GXS = 10 REI.

Binance will open REI/USDT, REI/BNB, REI/ETH spot trading at 12:00 on May 04, 2022 (East 8th district time).

After the REI mainnet token swap is completed, the deposit and withdrawal opening hours will be announced separately.

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