Binance Has Completed the Polygon (MATIC) Token Upgrade to Polygon (POL)

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance has completed the Polygon (MATIC) token swap to Polygon (POL). Deposits and withdrawals for the new POL tokens are now open.

Spot trading has opened for the POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT spot trading pairs at 2024-09-13 10:00 (UTC). Trading Bots & Spot Copy Trading will be enabled for the aforementioned token within 24 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.

Please note:

The initial token supply of POL is set at 10 billion with an annual inflation rate of 2% for the first ten years. Token dilution may occur due to emissions. Users can refer to the project whitepaper and announcement for more information.
The distribution was conducted at a ratio of 1 MATIC = 1 POL. Users may view their token distribution history here.
Users may obtain their assigned POL token deposit addresses here.
Users can deposit old MATIC tokens, and swap these tokens for new POL tokens at a ratio of 1 MATIC = 1 POL using the convert function.

Withdrawals of old MATIC tokens will no longer be supported.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

For more information, please refer to the following: