Binance Completes VEN Mainnet Swap to VET

Fellow Binancians,

Binance has completed the VEN mainnet swap to VET. Deposits and withdrawals for VET are now both open.

VET balances were allocated to users based on a snapshot of all VEN balances at 2018/07/23 4:00 AM (UTC), based on a ratio of 1 VEN = 100 VET.   

Binance will open trading for the new VET/BTC, VET/ETH, VET/BNB and VET/USDT trading pairs at 2018/07/25 4:00 AM (UTC).

All prior VEN balances have been removed and all VEN trading pairs have been delisted from the exchange.

Based on the VEN/VET distribution ratio, the opening price for VET will be one hundredth of the last traded VEN price. The exact prices are listed below:

VET/BTC 0.00000240
VET/ETH 0.00003941
VET/BNB 0.00149200
VET/USDT 0.018319

Thanks for your support!

Binance Team

2018/07/24

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