#Binance has officially completed the mainnet swap and rebranding of Frax Share (FXS) to Frax (FRAX). Following this successful transition, deposits and withdrawals for the newly rebranded FRAX tokens are now fully operational. Spot trading for the FRAX/USDT pair commenced on January 15, 2026, at 08:00 (UTC), and users can now review their token distribution history through their accounts. The distribution was executed at a 1:1 ratio, ensuring that every old FXS token was exchanged for one new FRAX token.
For those involved in Spot Copy Trading, the new pair can be easily added to portfolios by adjusting the Personal Pair Preference settings. While the platform currently allows users to deposit old FXS tokens (BEP20 and ERC20) and convert them via the "Convert" function, Binance has cautioned that this option may be discontinued without prior notice. Additionally, withdrawals for the old FXS tokens are no longer supported.
To ensure a smooth transition and avoid any loss of funds, users are encouraged to complete their conversions promptly and stay informed about future updates regarding the rebranded token system.
#MarketRebound #fxs #USJobsData #WriteToEarnUpgrade #WriteToEarnUpgrade #CPIWatch 
