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BingX Will Support the CryptoGPT (GPT) Token Swap and Rebranding Plan to LayerAI (LAI)

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  • Updated

Dear User,

 

BingX will support the CryptoGPT (GPT) token swap and rebranding plan to LayerAI (LAI). The timeline is as follows:

  • On 2023-05-29 at 16:00 (UTC+8), BingX will suspend the trading of and delist the GPT/USDT Spot pair. All pending GPT/USDT Spot orders will be canceled. Spot Grid orders of GPT/USDT will be canceled, with the corresponding pair being delisted in Grid Trading as well.
  • On 2023-05-29 at 16:00 (UTC+8), the deposit and withdrawal services of GPT will be suspended. Please ensure that you leave sufficient time for your GPT deposits to be fully processed prior to this time.
  • On 2023-06-01 at 16:00 (UTC+8), trading will open for the LAI Spot trading pair.
Details of Token Swap:
  • BingX will recover all GPT balances, and begin the distribution of LAI to all eligible users at a ratio of 1 GPT = 1 LAI before Spot trading for the LAI trading pair is open.
  • The ownership percentage of existing GPT holders will not be diluted with the token swap, as there will be no minting of additional tokens.

  •  Details of LayerAI (LAI) smart contract address:

Thank you for your support
BingX Operation Team
2023-05-25
 
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Risk Disclaimer
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BingX attaches great importance to compliance and strictly abides by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
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