Binance Announcements:Notice Regarding the Closure of Bytecoin (BCN) Withdrawals and Buyback of Remaining BCN on Binance

Fellow Binancians,

Binance delisted and halted trading for Bytecoin (BCN) at 2018/10/12 10:00 AM (UTC), stating that we would disable withdrawals at 2018/11/12 10:00 AM (UTC). Instead, we have continued to keep withdrawals open until today to ensure the best experience for our users. Original announcement here.

Due to issues with BCN’s wallet, Binance will finally disable all BCN withdrawals starting from today. For any users that still have BCN in their accounts, Binance will buyback all of these BCN and exchange it for BTC, at a rate of 1 BCN = 0.00000020 BTC (rate sourced from CoinmarketCap). We expect to complete the buyback at 2018/12/26 0:00 AM (UTC).

Users will be able to confirm receipt of the BTC distribution in their accounts from the BCN buyback via the “Distribution History” page in the User Center.

Note: Once the buyback is complete, BCN will be removed from the Withdrawal page.

Thanks for your support!

Binance Team

2018/12/24

 

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