Dear Bitruers,
Referring to the project team's announcement, Bitrue will support the Fantom (FTM) Token Swap to Sonic (S).
After the token swap is completed, we will make a separate announcement regarding the listing times for S tokens in Spot trading, Futures, ETFs, and Earn products.
Please note:
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Spot
- At 10:00 UTC on January 3rd, 2025, the spot trading pairs for FTM/USDT and FTM/XRP, will be closed, and any open orders will be automatically canceled.
- At 10:00 UTC on January 3rd, 2025, the deposits and withdrawals for FTM (ERC20, and FTM networks) will be closed. Please do not deposit FTM tokens after this time, as they will not be credited to your account.
- The swap ratio is 1 FTM = 1 S.
- Users do not need to take any action during the swap period.
- The trading time for S/USDT and S/USDC will be announced after the completion of token swap. Stay tuned for the new updates!
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Futures
- At 06:00 UTC on January 3rd, 2025, the FTM/USDT、FTM/USD futures trading pairs will be closed.
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If you have any open positions in the FTM/USDT、FTM/USD trading pairs, we recommend that you manually close your position before 06:00 UTC on January 3rd, 2025 to avoid any financial losses. Orders that are not closed before 06:00 UTC on January 3rd, 2025 will be liquidated at the market price.
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ETFs
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At 06:00 UTC on January 3rd, 2025, the FTM3L and FTM3S leverage tokens will be closed. At that time any remaining tokens will be forcibly liquidated and the appropriate amount of USDT will be placed into the accounts of outstanding holders shortly afterwards.
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Earn
- At 06:00 UTC on January 3rd, 2025, the FTM Power Piggy product will be removed, and your principal and interest will be returned to your spot account. We recommend that users redeem their investments in advance.
Please follow our blog or X/Twitter account at @BitrueOfficial for the latest information.
Thanks for your support!
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Disclaimer: Bitrue reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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