Outage in Coins.ph

BinaryX (BNX) Token Swap and Rebranding to Four (FORM)

Resolved Minor
March 18, 2025 - Started 3 months ago - Lasted 8 days
Official incident page

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Outage Details

Coins.ph will migrate $BNX to $FORM on Mar 18, 2025. Trading resumes Mar 21. Withdraw funds before Mar 18 to avoid any potential loss. Coins.ph will be supporting the $BNX token swap and rebranding to $FORM. In line with this, kindly be informed of the following timeline: March 18, 2025, 11:00 PHT: - BinaryX (BNX) network deposits and withdrawals will be disabled. - $BNX token Spot Trading and Convert will be disabled. - A system-initiated 1:1 swap will be carried out converting all $BNX tokens for Coins users to the newly rebranded $FORM token. March 21, 2025, 20:00 PHT - Four (FORM) network deposits will be enabled. - Coins.ph to make a separate announcement to when Spot Trading, Convert and Withdrawals for Four (FORM) network will be opened Please note that any $BNX deposits made after March 18, 2025, 11:00 PHT may result in loss of funds. If you prefer not to participate in the migration, please ensure that you withdraw your $BNX tokens before the start of the migration.
Latest Updates ( sorted recent to last )
RESOLVED 3 months ago - at 03/26/2025 03:40AM

This incident has been resolved.

INVESTIGATING 3 months ago - at 03/18/2025 03:04AM

Coins.ph will migrate $BNX to $FORM on Mar 18, 2025. Trading resumes Mar 21. Withdraw funds before Mar 18 to avoid any potential loss.

Coins.ph will be supporting the $BNX token swap and rebranding to $FORM. In line with this, kindly be informed of the following timeline:

March 18, 2025, 11:00 PHT:
- BinaryX (BNX) network deposits and withdrawals will be disabled.
- $BNX token Spot Trading and Convert will be disabled.
- A system-initiated 1:1 swap will be carried out converting all $BNX tokens for Coins users to the newly rebranded $FORM token.

March 21, 2025, 20:00 PHT
- Four (FORM) network deposits will be enabled.
- Coins.ph to make a separate announcement to when Spot Trading, Convert and Withdrawals for Four (FORM) network will be opened

Please note that any $BNX deposits made after March 18, 2025, 11:00 PHT may result in loss of funds. If you prefer not to participate in the migration, please ensure that you withdraw your $BNX tokens before the start of the migration.

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