{"id":28829,"date":"2024-09-09T22:00:10","date_gmt":"2024-09-09T19:00:10","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=28829"},"modified":"2024-09-09T19:05:17","modified_gmt":"2024-09-09T16:05:17","slug":"binance-to-support-conversion-of-polygon-matic-tokens-to-polygon-pol","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-to-support-conversion-of-polygon-matic-tokens-to-polygon-pol\/","title":{"rendered":"Binance to Support Conversion of Polygon (MATIC) Tokens to Polygon (POL)"},"content":{"rendered":"

Binance has announced its support for the upcoming transition from Polygon (MATIC) tokens to Polygon (POL) tokens.<\/p>\n

Starting on September 10, 2024, at 03:00 UTC, Binance will delist all existing MATIC trading pairs, including MATIC\/BNB, MATIC\/BRL, MATIC\/BTC, MATIC\/ETH, MATIC\/EUR, MATIC\/FDUSD, MATIC\/JPY, MATIC\/TRY, MATIC\/USDC, and MATIC\/USDT. Any pending MATIC orders will also be canceled at this time. Shortly after, on September 13, 2024, at 10:00 UTC, Binance will introduce new trading pairs for POL tokens: POL\/BNB, POL\/BRL, POL\/BTC, POL\/ETH, POL\/EUR, POL\/FDUSD, POL\/JPY, POL\/TRY, POL\/USDC, and POL\/USDT.<\/p>\n

Deposits and Withdrawals<\/strong><\/p>\n

MATIC<\/a> deposits and withdrawals will be temporarily halted from September 10, 2024, at 03:30 UTC. It is advised to ensure all MATIC deposits are completed before this cutoff time.<\/p>\n

Once the conversion process is finished, Binance will inform users when deposits and withdrawals for POL tokens will resume. After this, withdrawals for MATIC tokens will no longer be supported.<\/p>\n

Between September 4, 2024, at 12:00 UTC, and September 10, 2024, at 03:30 UTC, Polygon PoS native tokens will continue trading under the MATIC ticker on Binance.<\/p>\n

Token Swap<\/strong><\/p>\n

MATIC tokens held on Binance will automatically be converted into POL tokens at a 1:1 ratio. This process will be seamless, and users need not take any action for the swap to occur.<\/p>\n

Spot Trading<\/strong><\/p>\n

As of September 10, 2024, at 03:00 UTC, all MATIC spot trading pairs will be delisted, and trading will be halted. The pairs being removed are MATIC\/BNB, MATIC\/BRL, MATIC\/BTC, MATIC\/ETH, MATIC\/EUR, MATIC\/FDUSD, MATIC\/JPY, MATIC\/TRY, MATIC\/USDC, and MATIC\/USDT.<\/p>\n

Once the trading suspension is implemented, all outstanding orders for these pairs will be automatically canceled.<\/p>\n

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don\u2019t forget to follow us on our\u00a0Telegram<\/strong>\u00a0 ,<\/a>YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a> and updates.<\/em><\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Binance has announced its support for the upcoming transition from Polygon (MATIC) tokens to Polygon (POL) tokens. Starting on September 10, 2024, at 03:00 UTC, Binance will delist all existing MATIC trading pairs, including MATIC\/BNB, MATIC\/BRL, MATIC\/BTC, MATIC\/ETH, MATIC\/EUR, MATIC\/FDUSD, MATIC\/JPY, MATIC\/TRY, MATIC\/USDC, and MATIC\/USDT. Any pending MATIC orders will also be canceled at this<\/p>\n","protected":false},"author":1,"featured_media":26505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[22,81,2172,84],"class_list":["post-28829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","tag-binance","tag-matic","tag-pol","tag-polygon"],"yoast_head":"\nBinance to Support Conversion of Polygon (MATIC) Tokens to Polygon (POL) - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-to-support-conversion-of-polygon-matic-tokens-to-polygon-pol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance to Support Conversion of Polygon (MATIC) Tokens to Polygon (POL) - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Binance has announced its support for the upcoming transition from Polygon (MATIC) tokens to Polygon (POL) tokens. Starting on September 10, 2024, at 03:00 UTC, Binance will delist all existing MATIC trading pairs, including MATIC\/BNB, MATIC\/BRL, MATIC\/BTC, MATIC\/ETH, MATIC\/EUR, MATIC\/FDUSD, MATIC\/JPY, MATIC\/TRY, MATIC\/USDC, and MATIC\/USDT. 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