IXFI Will Support the Merit Circle (MC) Token Swap and Rebranding to Beam (BEAMX)

IXFI will support the Merit Circle (MC) Token Swap and Rebranding to Beam (BEAMX).

  • Deposit and Withdrawal
    • On 07.11.2023 at 03:30 (UTC), deposits and withdrawals of MC (ERC20 and BEP20) will be suspended. Please ensure that you leave sufficient time for your MC deposits to be fully processed prior to this time. 
    • IXFI will make a separate announcement after the event is complete to notify users when deposits and withdrawals of BEAMX (ERC20 and BEP20) will be opened.
    • After the event is complete, deposits and withdrawals of MC tokens will no longer be supported.
  • IXFI will handle all technical requirements for users who are involved in this event.
  • Users may refer to the announcement from the project team for more information.

Rebranding

  • New MC token will assume the ticker of BEAMX on IXFI. This is different from the on-chain display.
  • Beam (BEAMX) smart contract addresses:

Token Swap and Redenomination

  • All MC tokens will be swapped for BEAMX at a ratio of 1 MC = 100 BEAMX.

Spot

  • On 07.11.2023 at 03:00 (UTC), IXFI will delist all existing MC spot trading pairs (i.e., MC/BTC and MC/USDT) and cancel all pending MC spot trade orders. 
  • On 14.11.2023-11-14 08:00 (UTC), trading will open for the BEAMX/USDT spot trading pair. 

Thanks for your support and understanding!

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ixfi reserves the right to modify or cancel announcements and the actions taken without further notice.

Disclaimer: The information included in this announcement is not intended to be taken as investment advice, nor should it be considered an offer, solicitation, or recommendation of any financial product. This statement is intended only to inform the user and does not consider your unique requirements, investment goals, or particular monetary conditions.

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