Binance completes the token swap and brand upgrade for Merit Circle (MC), and deposit and withdrawal services are now open

According to ChainCatcher news, Binance has completed the token swap of Merit Circle (MC) and renamed it to Beam (BEAMX). Deposits and withdrawals for Beam (BEAMX) are now open.

The announcement states that the distribution of Beam (BEAMX) will be at a ratio of 1 MC = 100 BEAMX; unlike what is displayed on-chain, Beam uses the stock code BEAMX on Binance. Additionally, Binance will no longer support deposits and withdrawals of MC tokens.