Binance suspends TOMO deposits and withdrawals on November 20

Binance It was revealed today that due to the project team’s rebranding, the TOMO platform and payment channels will temporarily suspend TOMO deposits and withdrawals.

In fact, TomoChain announced on November 1 that it would change its name to Viction.Therefore, the project code will also change from TOMO to Vic Symbolizes the newly adopted name.

According to today’s announcement, Binance will suspend deposits and withdrawals to support the team’s rebranding.

It is worth noting that the suspension will take effect at 03:33 (UTC) in November 2023, by which time users are expected to have their TOMO transactions fully processed.

In addition, the cryptocurrency exchange said it will separately announce when users can resume trading activities. According to the announcement, this will occur after the project completes its rebranding.

Viction said the rebranding plan is a major change in the company’s journey of progress and innovation.The project, launched five years ago, said the plans underlined its dedication to the market Blockchain Always changing.

However, the team has clarified that the changes are purely symbolic.Therefore, migrating from TOMO to VIC will not involve smart contracttoken economic system or existing token supply.

switch to coin market capData shows that VIC has increased significantly in the past 24 hours. Importantly, at the time of writing, the coin is up another 3.77% to $1.36.

Likewise, trading volume increased by more than 113% in the past 24 hours. Currently, the coin has a market capitalization of $131 million, ranking 191st in the cryptocurrency network.

information Bitcoin Synthetic.