Crypto.com Will Support the BIFI Contract Migration

Users will receive BIFI (ERC20) tokens at a later date

Oct 15, 2023

Beefy Contract Migration Content Hub

*Update as of 7 November, BIFI deposits and withdrawals have been resumed*

*Update as of 25 October 2023: BIFI trading has been resumed*

Crypto.com will support the contract migration, from BIFI (BSC) to BIFI (ERC20). Learn more about the migration here.

Every user who currently has a BIFI balance during the suspension period will be swapped to new BIFI tokens (ERC20) at a 1:1 ratio at a later date. It is recommended that you keep your BIFI holdings in the Crypto Wallet in the Crypto.com App or Spot Wallet in the Crypto.com Exchange to ensure that the BIFI (ERC20) tokens are delivered directly to your respective accounts.

BIFI deposits, trading and withdrawals in the Crypto.com App and Crypto.com Exchange will be suspended as of 16 October 2023 10:00 (HKT)

Distribution Details for Crypto.com App Users

Crypto.com App users with BIFI balances in their Crypto Wallet will receive the BIFI (ERC20) upon completion of contract migration. Please note that all pending transactions and open orders are excluded from this.

Distribution Details for Crypto.com Exchange Users

Crypto.com Exchange users with BIFI balances in their Spot Wallet will receive the BIFI (ERC20) upon completion of contract migration. Please note that all pending transactions and open orders are excluded from this.

BIFI (ERC20) new smart contract address: 0xB1F1ee126e9c96231Cc3d3fAD7C08b4cf873b1f1

Crypto.com reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without notice.

Kindly refer to status.crypto.com for all the latest updates.

We thank our users for your support and understanding.

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