Binance will forcibly convert 15 tokens to USDC, including XMR, BTG, etc.

Binance announced the mandatory conversion of 15 tokens in users' wallets to USDC. The affected tokens include: Bitcoin Gold ($BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero ($XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE). Binance will take a snapshot of users' holdings at 08:00 on September 2, 2024 (Beijing time) and complete the conversion by 07:59 on March 2, 2025 (Beijing time). Users can withdraw these tokens before 07:59 on September 2, 2024 (Beijing time), after which withdrawals will not be possible. The conversion will be based on the average exchange rate between September 2, 2024, and March 1, 2025.