token redenomination Archives - Coin Engineer https://coinengineer.net/blog/tag/token-redenomination/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 10 Sep 2025 06:47:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png token redenomination Archives - Coin Engineer https://coinengineer.net/blog/tag/token-redenomination/ 32 32 Binance Renames Omni Network (OMNI) Tokens to Nomina (NOM) https://coinengineer.net/blog/binance-omni-to-nomina-nom-swap/ https://coinengineer.net/blog/binance-omni-to-nomina-nom-swap/#respond Wed, 10 Sep 2025 07:00:49 +0000 https://coinengineer.net/blog/?p=50644 Binance is renaming Omni Network (OMNI) tokens to Nomina (NOM). This process allows users to swap their OMNI tokens for NOM. Binance has prepared all necessary technical steps to ensure a smooth transition. The process will start in early October 2025 (UTC).  NOM Token Swap Process and Dates  OMNI tokens will be swapped at a

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]]> Binance is renaming Omni Network (OMNI) tokens to Nomina (NOM). This process allows users to swap their OMNI tokens for NOM. Binance has prepared all necessary technical steps to ensure a smooth transition. The process will start in early October 2025 (UTC). 

NOM Token Swap Process and Dates 

OMNI tokens will be swapped at a ratio of 1 OMNI = 75 NOM. This will result in a total NOM supply of 7.5 billion, with a circulating supply of 2.9 billion NOM. Deposits and withdrawals of OMNI tokens will be suspended on 29 September 2025 at 03:00 UTC. Simultaneously, all OMNI spot trading pairs will be removed, and all open orders will be canceled. 

Deposits of Nomina (NOM) tokens will open on 1 October 2025 at 07:00 UTC, and NOM/TRY, NOM/USDT, and NOM/USDC trading pairs will be available on the same day. This process ensures users can safely convert OMNI balances to NOM tokens while planning their positions in advance. 

Recommendations and Transaction Details for Users 

Users should check their OMNI balances before the conversion date. Spot copy trading portfolios should be updated by 26 September 2025 at 03:00 UTC. For futures and margin trading, opening new positions will be suspended on 22 September 2025 at 05:30 UTC, and existing positions will be automatically closed on 22 September 2025 at 06:00 UTC. OMNI tokens will be removed from Cross and Isolated Margin trading at 22 September 2025 at 07:00 UTC. 

Simple Earn products for OMNI will end on 26 September 2025 at 03:00 UTC, and balances will be automatically transferred to the Spot account. This ensures investors receive NOM tokens without issues during the swap. The rebranding will also enhance Omni Network’s interaction within the DeFi ecosystem. 

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