FameEX Supports the Polygon (MATIC) Token Swap to Polygon Ecosystem Token (POL)

Dear FameEX users,

FameEX will support the Polygon (MATIC) token swap to Polygon Ecosystem Token (POL). After that, MATIC tokens will assume the ticker of POL tokens at FameEX.

Swap Details:

1. You can deposit MATIC on FameEX-supported networks in advance, and we will assist you with any related technical issues.

2. On August 30, 2024, FameEX will disable deposit and withdrawal functions for MATIC tokens. Please note that FameEX will no longer support MATIC deposits after this date. To avoid asset losses, please refrain from making any deposits of MATIC.

3. FameEX is scheduled to delist the MATIC/USDT spot trading pair at 10:00 (UTC) on August 30, 2024, and will cancel all open orders for this pair. After the swap, all MATIC tokens will be swapped to POL at a ratio of 1 MATIC = 1 POL.

4. FameEX will conduct an automatic settlement on the MATICUSDT perpetual futures trading at 10:00 (UTC) on August 30, 2024. After the settlement, the MATICUSDT contract symbol will be delisted. Therefore, it is highly recommended to arrange in advance and focus on risk management to avoid any potential losses.

5.After the swap is complete, FameEX will support the deposit, withdrawal, and trading services for POL. Further details will be released in a separate announcement. 

For more information about the MATIC token swap, please refer to the official announcement from the project team.

Note: Cryptocurrency trading carries a high market risk. It is essential to diligently evaluate these risks and exercise rational judgment regarding your investment capability. Make well-considered investment decisions and proceed with caution.

FameEX Team

August 30, 2024