Binance Exchange, the largest crypto trading platform by volume, has announced the automatic conversion of several delisted tokens to USDC. This action will be executed based on the average token to USDC exchange rate during the conversion period.
After delisting 10 tokens from its catalog, Binance stated that it would convert them to USDC automatically, enabling holders to access their funds without hassle. Once the conversion takes place, the exchange will credit the stablecoin equivalent of the affected tokens to users' wallets by April 28, 2025.
Holders of these tokens should adjust their trading strategies accordingly to prepare for the upcoming changes. If they do not act by October 28, the tokens will be automatically converted to USDC, effectively removing them from the exchange.