{"id":29085,"date":"2024-09-12T18:00:14","date_gmt":"2024-09-12T15:00:14","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=29085"},"modified":"2024-09-12T14:10:54","modified_gmt":"2024-09-12T11:10:54","slug":"binance-suspends-matic-deposits-relisting-as-pol","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-suspends-matic-deposits-relisting-as-pol\/","title":{"rendered":"Binance Suspends $MATIC Deposits, Relisting as $POL"},"content":{"rendered":"<p>One of the biggest bitcoin exchanges worldwide, Binance, has said that <strong><a href=\"https:\/\/coinmarketcap.com\/currencies\/polygon\/\">Polygon<\/a> ($MATIC)<\/strong> would have a temporary suspension of deposits and withdrawals until Friday. This action results from the procedure of relist <strong>$MATIC<\/strong> under the new token symbol $POL in the exchange.<\/p>\n<p>Users should expect the suspension until Friday, during which their <strong>$MATIC<\/strong> amounts might not show up on their accounts. Binance informed consumers that their money is still safe; temporary visibility problems should go away once the relist process is finished.<\/p>\n<p>As <strong>$MATIC<\/strong> moves to a new token standard, the choice to relist it as $POL fits current changes inside the Polygon network. Aimed at increasing the usefulness and scalability of the Polygon network, Binance underlined that the token swap and relisting are part of these enhancements.<\/p>\n<p>Following the Friday relisting procedure, <strong>$MATIC<\/strong> tokens in user wallets will be immediately replaced by $POL tokens at a 1:1 ratio. Binance also advised consumers to keep an eye on any updates from the exchange in order to have more knowledge about the relisting.<\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the biggest bitcoin exchanges worldwide, Binance, has said that Polygon ($MATIC) would have a temporary suspension of deposits and withdrawals until Friday. This action results from the procedure of relist $MATIC under the new token symbol $POL in the exchange. Users should expect the suspension until Friday, during which their $MATIC amounts might<\/p>\n","protected":false},"author":6,"featured_media":29087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,2172,3235],"class_list":["post-29085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-pol","tag-polygon-matic"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Suspends $MATIC Deposits, Relisting as $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-suspends-matic-deposits-relisting-as-pol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Suspends $MATIC Deposits, Relisting as $POL - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"One of the biggest bitcoin exchanges worldwide, Binance, has said that Polygon ($MATIC) would have a temporary suspension of deposits and withdrawals until Friday. 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Users should expect the suspension until Friday, during which their $MATIC amounts might\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/binance-suspends-matic-deposits-relisting-as-pol\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-12T15:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T11:10:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/09\/polygon-MATIC-polygon.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/binance-suspends-matic-deposits-relisting-as-pol\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/binance-suspends-matic-deposits-relisting-as-pol\/\",\"name\":\"Binance Suspends $MATIC Deposits, Relisting as $POL - 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