WazirX Will Support the Merit Circle (MC) Token Swap, Redenomination, and Rebranding to Beam (BEAMX)
WazirX will support the Merit Circle (MC) token swap, redenomination, and rebranding plan to Beam (BEAMX). Further details about this change are shown on the timeline below:
- Deposits for MC coins will be disabled on 21st November 2023 at 9 AM IST. Users are suggested not to make any deposits after this, and also ensure they allow ample time for their MC deposits to be completely processed before the specified deadline.
- WazirX will delist the existing MC spot trading pair on 21st November 2023 at 10 AM IST.
- WazirX will recover all Merit Circle (MC) balances and begin the distribution of Beam (BEAMX) to all eligible users at a ratio of 1 MC = 100 BEAMX.
- After the swap completion, the MC token will no longer be supported on WazirX.
- Trading for BEAMX/USDT will be enabled on 24th November 2023. WazirX will make a separate announcement to notify the users.
WazirX will support the ERC20 smart contract address of Beam (BEAMX) after listing it.
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