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Binance to Halt TOMO Deposits and Withdrawals on November 20

6M ago
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  • Binance said it will suspend TOMO transactions on November 20 as the project’s team rebrands. 
  • The crypto exchange said it will announce a date to restart the token trading once the team completes the rebrand.
  • Viction, formerly TomoChain, said the rebranding is purely symbolic and will not make technical changes to the token. 

Binance today disclosed that it would suspend deposits and withdrawals of TOMO on its platform and payment channels as the project’s team undergoes a rebranding. 

Indeed, TomoChain on November 1 announced it would rebrand to Viction. As a result, the project’s ticker will also change from TOMO to VIC to symbolize the newly adopted name. 

According to today’s announcement, Binance would pause deposits and withdrawals in support of the team’s rebrand. Notably, the pause will take effect on November 2023 at 03:33 (UTC), by which time users are expected to have fully processed their TOMO transactions. 

Furthermore, the crypto exchange said it will make a separate announcement on when users will be able to resume their trading activities. Per the announcement, this will come once the project completes its rebranding. 

A…

The post Binance to Halt TOMO Deposits and Withdrawals on November 20 appeared first on Coin Edition.

6M ago
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