Binance will support Beefy (BIFI) contract swap and is expected to suspend BIFI deposits and withdrawals on October 17

Odaily Planet Daily News According to the official announcement, Binance will support the replacement of the Beefy (BIFI) contract from BEP20 and BEP2 to ERC20. The specific arrangements are as follows: Binance will suspend the deposit and withdrawal services of BIFI (BEP20 and BEP2) at 7:00 on October 17 (Eastern Eighth District time); During the contract replacement period, BIFI spot trading, Binance earning and Binance payment services will not be affected; The old BIFI tokens in Binance user accounts will be replaced with new BIFI tokens at a ratio of 1:1; Binance will assist users holding BIFI tokens in their Binance accounts with any technical issues involved; After the contract replacement is completed, Binance will no longer support the deposit and withdrawal business of BIFI (BEP20 and BEP2); After the contract replacement is completed, the deposit and withdrawal opening hours of BIFI (ERC20) will be announced separately.