Binance Completes Frontier (FRONT) Token Swap and Rebrands to Self Chain (SLF)

Binance, one of the world’s largest cryptocurrency exchanges, has successfully completed the token swap and rebranding of Frontier (FRONT) to Self Chain (SLF), according to an official announcement.

Token Swap and Rebranding Details

The token swap was carried out at a 1:1 ratio, meaning that each FRONT token was converted into one SLF token. Binance has opened deposits and withdrawals for the new SLF tokens. Additionally, spot trading pairs for SLF/BTC, SLF/TRY, SLF/USDC, and SLF/USDT are now live on the platform, effective from August 30, 2024 at 08:00 UTC.

Impact on users

Users with an active Spot Copy Trading portfolio can include new SLF pairs by activating them in the Personal Pair Preference section of their Spot Copy Trading settings. Users can also view the token distribution history and obtain the assigned SLF token deposit address via their Binance wallet.

Important Note

• Token distribution was carried out at a ratio of 1 FRONT = 1 SLF.
• Users can deposit existing FRONT tokens and exchange them for new SLF tokens using Binance’s conversion function.
• Withdrawals of existing FRONT tokens are no longer supported.

It is important to note that there may be inconsistencies in the translated versions of this notice. Users are encouraged to refer to the original English version for the most accurate information.

Market conditions

This move comes at a time when Binance is actively working to improve the functionality and user experience of its platform. The rebrand and token swap are part of a broader strategy to streamline Binance’s services and provide users with more robust trading options. The introduction of new trading pairs is expected to increase liquidity and provide more trading opportunities to Binance’s user base.

For more details, please visit the official Binance announcement page.

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