Binance Completes WazirX (WRX) Token Contract Swap, Enabling Deposits and Withdrawals of New WRX Tokens

Binance, a leading cryptocurrency exchange, has successfully completed the contract swap for WazirX (WRX) tokens, according to Binance.

Binance Completes Contract Swap for WazirX (WRX) Tokensinput: Cryptocurrency exchange Binance has announced the successful completion of the contract swap for WazirX (WRX) tokens. The swap was executed at a ratio of 1 WRXOLD to 1 new WRX token, and users can now deposit and withdraw the new WRX tokens.

Details of the Swap Announced by Binance

The swap of WRX tokens was a straightforward 1:1 conversion, meaning that for each WRXOLD token, users received one new WRX token. Binance has opened deposits and withdrawals for the new WRX tokens, allowing users to manage their assets seamlessly on the platform.

After the swap, Binance will no longer support deposits and withdrawals of WRXOLD tokens on the BNB Beacon Chain (BEP2) network. Additionally, withdrawals of WRXOLD tokens on the Ethereum (ERC20) and BNB Smart Chain (BEP20) networks will no longer be supported. However, deposits for WRXOLD tokens will remain open.

To obtain their new WRX token deposit addresses, users can visit Binance’s website. This ensures that users have the correct and updated information to facilitate their transactions.

The successful completion of the WRX contract swap is expected to streamline the trading and management of WRX tokens on Binance. The move may also enhance liquidity and trading efficiency for WRX on the platform, potentially influencing market dynamics.

For further details and the latest updates, users are encouraged to refer to the original announcement on Binance.