All USDT deposit and withdrawal addresses will be moved from OMNI-based addresses to ERC20-based addresses.
USDT deposits and withdrawals will be suspended for approximately 30 minutes starting at 2019/07/05 12:30 PM (UTC).
After the changes, OMNI based USDT would still be deposited to users’ previous OMNI USDT deposit addresses and will be accepted.
But users will no longer be able to withdraw OMNI-based USDT.
The BNB Mainnet Token Swap was completed on the 21st of May, 2019.
BNB Deposits and Withdrawals were halted during the execution of the mainnet swap. Our BNB wallet is now active again, and all deposits and withdrawals will be processed in a timely manner.
Binance Chain has announced its Mainnet Swap on April 23, 2019. The date is tentative as of now and we’ll keep sharing updates if there is any change in the schedule.
What do I need to do?
If your BNB is in your CoinDCX wallet, you don’t need to do anything. We’ll handle the swap for you
If your BNB is in a wallet or on any exchange that doesn’t support the swap, KINDLY ENSURE THAT YOU MOVE IT TO COINDCX TO AVOID LOSS OF FUNDS
We advise doing it right away to avoid any last minute delay
Further details on BNB are as follows:
Initial total supply of BNB will be 200,000,000
Same as the ERC20 BNB, 11,654,398 of the total BNB supply will be burned on Binance Chain
The Binance Chain Explorer and Web Wallet will be open to public access around April 23, 2019
No initial trading pairs will be listed until the first batch BNB conversion has occurred
After April 23rd, CoinDCX will NOT support the withdrawal of ERC20 BNB tokens
Deposit your BNB to CoinDCX and participate in BNB Mainnet Swap.
We are excited to announce that we are slashing the Margin Trading interest rate by 50%. The new rate is 0.05% per day, slashed from 0.1% that was applicable before.
The reduced interest rate is in effect starting today.
Checkout more about Margin Trading here.