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BingX Will Support the Cocos-BCX (COCOS) Token Swap and Rebranding Plan to COMBO (COMBO)

Trading Made Easy
  • Updated

Dear User,

 

BingX will support the Cocos-BCX (COCOS) token swap and rebranding plan to COMBO (COMBO). The timeline is as follows:

  • On 2023-05-22 at 16:00 (UTC+8), BingX will suspend the opening of new positions for the COCOS USDT-Margined Perpetual Futures. Users are advised to adjust their positions and leverage before this time to avoid any potential liquidation.
  • On 2023-05-25 at 16:00 (UTC+8), BingX will automatically close all positions, conduct settlements and cancel all pending orders on the COCOS USDT-margined Perpetual Futures. The contract will be delisted after the settlement.
  • On 2023-05-26 at 16:00 (UTC+8), BingX will delist the COCOS/USDT spot pair and cancel all pending COCOS/USDT spot orders.
  • Spot Grid orders and Futures Grid orders of COCOS/USDT will be canceled, and the corresponding pairs will be delisted.
  • On 2023-05-26 at 16:00 (UTC+8), BingX will suspend the deposits and withdrawals of COCOS. Please ensure that you leave sufficient time for your COCOS deposits to be fully processed prior to this time.
  • On 2023-06-02 at 16:30 (UTC+8), trading will open for the COMBO spot trading pair.
Details of Token Swap:
  • BingX will recover all COCOSbalances, and begin the distribution of COMBO to all eligible users at a ratio of 1 COCOS = 1 COMBO before spot trading for the COMBO trading pair is open.
  • The ownership percentage of existing COCOS holders will not be diluted with the token swap, as there will be no minting of additional tokens.

  • Details of COMBO (COMBO) smart contract addresses:

For further information, please refer to:
Thank you for your support
BingX Operation Team
2023-05-18
 
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