Token Merge Event: How to Prepare for the ASI Token Swap on Binance

Introduction to the Token Merge

According to Binance, It will support the merge of Fetch.AI (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into a new token called Artificial Superintelligence (ASI). This means that your coins will be automatically converted into ASI, without your interference (withdraw). This significant event is scheduled to take place on July 1, 2024, at 03:30 (UTC). In preparation, please ensure that your deposits of FET, OCEAN, and AGIX on Binance are fully processed before this time.

Important Dates and Actions

On July 1, 2024, at 03:30 (UTC), deposits and withdrawals for FET, OCEAN, and AGIX will be suspended. Binance will make a separate announcement once the event is completed to notify users when deposits and withdrawals for ASI will be opened. Note that, after the merge, deposits and withdrawals of FET, OCEAN, and AGIX will no longer be supported.

Token Swap Details

All FET, OCEAN, and AGIX tokens will be automatically swapped to ASI at the following ratios:

• 1 FET = 1 ASI
• 1 OCEAN = 0.433226 ASI
• 1 AGIX = 0.433350 ASI

Binance will handle all technical requirements for the users involved in this event, making the transition as smooth as possible. For more information, you can refer to the announcement from the project team.

Changes to Spot Trading Pairs

On July 1, 2024, at 03:00 (UTC), Binance will delist and cease trading on all spot trading pairs for FET, OCEAN, and AGIX. The affected trading pairs include:

• AGIX/BTC, AGIX/FDUSD, AGIX/TRY, AGIX/USDT
• FET/BNB, FET/BTC, FET/BRL, FET/FDUSD, FET/TRY, FET/USDC, FET/USDT
• OCEAN/BNB, OCEAN/BTC, OCEAN/TRY, OCEAN/USDT

All trade orders will be automatically removed after trading ceases in each respective trading pair. Furthermore, trading bot services for these pairs will be terminated at the same time. Users are strongly advised to update or cancel their trading bots before this deadline to avoid any potential losses.

New Trading Pairs for ASI

Starting on July 5, 2024, at 08:00 (UTC), trading will open for the following ASI spot trading pairs:

• ASI/BNB, ASI/BTC, ASI/BRL, ASI/FDUSD, ASI/TRY, ASI/USDC, ASI/USDT

Please do your own risk management and stay informed about market trends.