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:
- BNB Smart Chain (BEP20): 0xc03fBF20A586fa89C2a5f6F941458E1Fbc40c661
Ethereum (ERC20): 0xc03fBF20A586fa89C2a5f6F941458E1Fbc40c661
For further information, please refer to:
- COMBO Rebranding: Introducing Updated ERC-20 and BEP-20 Smart Contracts
- COMBO Takes Center Stage: Web3 Game Scaling Solution Cocos-BCX Reveals New Name and 1st Batch of Ecosystem Partners
Thank you for your support
BingX Operation Team
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