As per the project team's requests, BitMart will support the Fantom (FTM) token swap at a ratio of 1:1 and rebranding to Sonic (S). BitMart will facilitate this migration and provide seamless token swap services for users. If you currently hold Fantom (FTM) on BitMart, no action is required on your part.
Details:
1) BitMart will suspend margin borrowing services for FTM at January 10, 2025, 02:00 AM (UTC).
2) BitMart will suspend trading and delist FTM/USDT isolated margin pair at January 10, 2025, 10:00 AM (UTC).
BitMart will close users’ positions, conduct an automatic settlement and cancel all pending orders on the above isolated margin pair at this time. We will then delist this pair from Isolated Margin. If you do not close your position in a timely manner during this period, the BitMart platform is not responsible for any loss of assets.
3) BitMart will suspend the deposit, withdrawal, and spot trading services for FTM at January 12, 2025, 02:00 AM (UTC).
5) New S explore:
BitMart will no longer support old FTM after completing token swap. The listing time for new S will be announced separately.
Official Announcement:
From Fantom to Sonic — What You Need to Know
Please be patient and keep an eye on our announcements for further updates. Thank you for your support and understanding!
ATTENTION: Use of BitMart services is entirely at your own risk. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance.
BitMart Team
Jan 9, 2024
