Toobit Will Support the Fantom (FTM) Token Swap and Rebranding to Sonic (S)

Dear Users
 
Toobit will support the Fantom (FTM) token swap and rebranding to Sonic (S).
 

Spot

  • FTM/USDT spot trading will be delisted from Spot Market at 2025-01-10 08:00 (UTC). All pending orders will be cancelled at that time.
  • Deposit service of FTM will be closed on 2025-01-10.
  • Withdraw service of FTM will be closed on 2025-01-10.

Token Swap and Rebranding

  • FTM tokens will assume the ticker of S on Toobit.
  • All FTM tokens will be swapped to S at a ratio of 1 FTM = 1 S.
  • Toobit will make a separate announcement after the token swap is completed to notify users when withdrawals, deposit and trade service of S tokens have opened.

**Users may refer to the announcement from the project team for more information.

Derivatives

FTM-SWAP-USDT will be delisted from Derivatives Market at 2025-01-03 08:00 (UTC). Toobit Futures will close all positions and conduct an automatic settlement on the USDⓈ-M FTMUSDT Perpetual Contracts at 2025-01-03 08:00 (UTC). The contract will be delisted after the settlement is complete.Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.

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Medium: https://medium.com/toobit-exchange

Toobit reserves the right to modify or cancel this announcement at any time and for any reason without prior notice.
 
Risk Warning: The prices of digital assets may fluctuate significantly. The value of your investment may increase or decrease, and you may even lose the entire amount invested. You are solely responsible for your investment decisions, and Toobit is not liable for any losses that may occur due to the use of margin trading. This information should not be considered financial or investment advice. Please refer to our Terms of Use and Risk Disclosure for more details.

 

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