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Binance finalizes transition of STG tokens to LayerZero (ZRO) following token merge
Binance has completed the Stargate Finance (STG) token merge into LayerZero (ZRO), converting all STG holdings on its platform to ZRO at a fixed rate and discontinuing STG deposits and withdrawals. Users can review their distribution history and new ZRO deposit addresses following this transition.
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Binance has finalized the Stargate Finance (STG) token merge into LayerZero (ZRO), converting all user-held STG tokens to ZRO at a fixed ratio of 1 STG to 0.08634 ZRO. Deposits and withdrawals for STG tokens are now discontinued, and users can review their transaction history and access newly assigned ZRO deposit addresses within the platform. This update serves as an official confirmation of the process completion and references prior announcements detailing the migration timeline and service changes across various Binance products. The migration is part of a broader shift consolidating Stargate’s assets under LayerZero, with further details and scope outlined in earlier communications.
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Binance is a major cryptocurrency exchange based in Hong Kong, recognized for its high daily trading turnover, a large user base, and its proprietary BNB Coin used within its ecosystem. The platform offers low commissions due to high liquidity and trading volumes, as well as security features like a proprietary cold wallet; however, users may encounter a complex verification process, an intricate commission structure, and occasional technical issues. For further details, see the broker profile on Traders Union: full review on Traders Union.
In our previous news, we reported on Binance's launch of Spot Trading Tournament Season 4 with a 400 BNB prize pool, highlighting their ongoing efforts to engage traders with rewarding competitions. You can read more details in the previous Binance update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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