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Binance to Delist UTK and Support Its Swap to XMN
Svmuu News: According to an official announcement, Binance will delist Utrust (UTK) and support its project team's brand upgrade to xMoney (XMN). The latter will be listed on BinanceAlpha. The specific arrangements are as follows: Binance will remove the UTK/USDT spot trading pair and cancel all pending orders at 14:00 (UTC) on April 14, 2026, and will stop UTK withdrawals at 14:30 (UTC) on the same day. The project team offers two swap options: Option 1 (no lock-up) is 3 UTK = 1 XMN; Option 2 (6-month lock-up) is 1 UTK = 1 XMN. Users can perform the swap themselves. If UTK is not withdrawn after 14:30 (UTC) on April 14, 2026, Binance will automatically swap it for users according to Option 1 (3 UTK = 1 XMN). Additionally, eligible UTK holders will receive airdrop incentives, with 2 XMN airdropped for every 3 UTK held. The airdrop is expected to be distributed to user accounts after 12:00 (UTC) on April 15, 2026. Support for UTK in related services such as SimpleEarn, Loan, Convert, Buy&Sell, GiftCard, and Pay will also be gradually discontinued.
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