Binance will support the RAMP (RAMP) token swap, increment and brand upgrade plan to LeverFi (LEVER).
Binance leveraged trading platform will suspend RAMP/USDT, RAMP/BUSD, RAMP/BTC isolated margin lending business at 12:00 on June 29, 2022 (East 8th district time).
Binance leveraged trading platform will automatically close and liquidate RAMP leveraged positions, cancel all pending orders and delist RAMP/USDT, RAMP/BUSD, RAMP/BTC at 12:00 on July 01, 2022 (East 8th district time).
For isolated trading pairs, the re-listing time will be announced separately.
Binance Staking will stop supporting RAMP lock-up and pledge at 12:00 on July 01, 2022 (East 8th district time).
Users will no longer be able to subscribe for RAMP lock-up pledge. For users who have subscribed and pledged RAMP, Staking will refund all RAMP tokens locked by users and the lock-up interest to the spot wallet at 08:00 on July 04, 2022 (East 8th District time).
The lock-up interest is calculated until 2022 08:00 on July 01 (East Eighth District time).
Liquidity mining will close the RAMP/BUSD liquidity pool at 12:00 on July 01, 2022 (East 8th district time), and automatically redeem users’ assets in the RAMP/BUSD pool and return them to their spot wallets. If you have this wealth management product, please redeem it from the RAMP/BUSD liquidity pool.
Binance will stop trading and delist RAMP spot trading pairs (RAMP/USDT, RAMP/BUSD, RAMP/BTC) at 12:00 on July 04, 2022 (East 8th zone time), and cancel all RAMP spot trading pending orders.
Binance will suspend the deposit and withdrawal of RAMP tokens at 12:30 on July 04, 2022 ( East 8th district time).
Binance will open LEVER/USDT and LEVER/BUSD spot trading at 12:00 on July 13, 2022 (East 8th district time).
Binance will withdraw all RAMP holdings of users, and distribute LEVER to eligible users at a conversion ratio of 1 RAMP = 35 LEVER before opening LEVER/USDT and LEVER/BUSD spot trading.
After the token swap is completed, the opening time of LEVER deposit and withdrawal will be announced separately.
Because no additional tokens will be issued, the ownership percentage of existing RAMP holders will not be diluted by token swaps.
The maximum token supply of LEVER is 35 billion, and the token release cycle is the same as RAMP.
Go to Binance Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...