- Binance Completed DAR Token Exchange and Open Dar Network Exchange.
- Rebranding of the Dar token from DAR to D token took place last December.
As part of its latest announcement, Binance stated that it completed the DAR token exchange and rebranding of the open Dar network. The exchange platform also made D-token deposits and withdrawals available to users. Being the leading crypto exchange platform, Binances support for the Mines of Dalarnia (DAR) token swap plays a major role in D token adoption and investment.
Binance announced that it will support Mines of Dalarnia (DAR) tokens swap and network conversion in December 2024. According to its previous announcement, Binance delisted all existing spot trading pairs such as DAR/USDT, DAR/TRY, etc. Also, it was canceled. all pending DAR spot trade orders on January 6, 2025.
Starting January 9, 2025, 8:00 AM (UTC), users can access spot trading pairs with the new ticker “D.” The trading pairs D/USDT and D/TRY are available to users, along with deposits and withdrawals of these tokens.
Binance also allows investors to deposit DAR tokens and exchange them for D tokens. However, they will be able to withdraw DAR tokens. Before Binance, Bitten has also announced that they were swapping DAR tokens for D tokens, along with DAR open network rebranding. Another major exchange Crypto.com has as well is supported The DAR token has been changed to D.
DAR to D: Dar Open Network Rebranding
DAR to D token conversion was announced in December 2024, as part of its rebranding process. The D-token is a multi-use utility token on the Dar Open Network. Staking, governance and Dar ecosystem support are some of its notable use cases. The project ensured that the process of token exchange was simple and seamless.
While self-maintaining wallets can exchange tokens using a migration portal, investors using centralized exchanges can exchange their tokens directly on the platform. In addition, all deposited DAR tokens will automatically convert to D tokens. Tokenomics is also changing in terms of the relationship between ERC-20 and BEP-20 networks. However, the total and circulating supply of DAR tokens remains unchanged.
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