MEXC Will Support BitDAO (BIT) Token Swap to Mantle (MNT)

MEXC

2023-07-13

Dear MEXCers,

MEXC will support BitDAO (BIT) token swap to Mantle (MNT) with the following arrangements:

1. Spot Products:

Deposits, withdrawals, and trading of BIT will be closed at 2023-07-15 12:00 (UTC). All pending orders of BIT/USDT spot trading pair will be cancelled at the above time;
After the closure of deposits and withdrawals, MEXC will swap BIT into MNT for BIT holders at a 1:1 ratio;
MNT tokens are expected to be airdropped at 2023-07-17 08:00 (UTC);
Deposits for MNT will open at 2023-07-17 08:00 (UTC) & Withdrawals for MNT will open at 2023-07-18 10:00 (UTC);
MEXC will open trading for MNT/USDT spot trading pair at 2023-07-17 10:00 (UTC).

2. Derivatives Products:

MEXC Futures will be delisting BITUSDT perpetual futures trading pair at 2023-07-15 12:00 (UTC).

MEXC will be using the index price at the time of delisting as the delivery price to close all positions of the trading pairs mentioned above.
All open orders of the trading pairs mentioned above will be cancelled once delisted.
Users are advised to search the trading pairs mentioned above using the search bar to close any open positions before delisting to minimize the risk and prevent unnecessary losses.

MEXC Futures will be launching MNTUSDT perpetual futures at 2023-07-17 11:00 (UTC).

3. Saving Products:

BIT Savings event will cease at 2023-07-15 10:00 (UTC).
Your BIT assets in the Savings are not locked and you can trade them anytime. The yields will not be distributed after the Savings event ends.

Please note:

MEXC will not support the token swap for BIT tokens deposited after 2023-07-15 12:00 (UTC);
MNT new contract address (ETH)：0x3c3a81e81dc49A522A592e7622A7E711c06bf354
Mantle's official announcement: $BIT to $MNT Migration: A User's Guide

We apologize for any inconvenience this may cause. Thanks for your support!

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Enjoy trading on MEXC.

The MEXC Team

13 July 2023