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Binance to Delist Utrust and Convert UTK Tokens to xMoney’s XMN

Binance to Delist Utrust and Convert UTK Tokens to xMoney’s XMN

According to Binance, Utrust will be removed from spot trading on April 14, 2026 as the exchange supports its rebrand to xMoney with conversion options, a lockup alternative, and an airdrop for eligible holders.

Fact Check
The strongest evidence is the Binance announcement URL traced from Odaily and a web-search result for the English Binance announcement. The search snippet for "Binance Will Delist UTK and Support Rebranding and Airdrop Plan ..." supports key parts of the statement: Binance, UTK delisting from spot, rebranding to xMoney (XMN), and an airdrop component. However, both direct fetch attempts for the Binance announcement failed, so the exact announcement text could not be validated in this run. As a result, specific details in the user claim such as conversion options, a lockup alternative, and the full eligibility conditions for holders remain unconfirmed from fetched page content. Therefore, the claim appears plausible and likely based on a real Binance announcement, but the run does not provide enough directly validated evidence to fully confirm it.
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Summary

Binance said in an official announcement that it will delist Utrust (UTK) from spot trading and support the token’s rebrand to xMoney (XMN). UTK trading and withdrawals will close after April 14, 2026. Users will be able to swap tokens at either 3 UTK for 1 XMN or 1 UTK for 1 XMN if they accept a six-month lockup. Binance also said eligible holders will receive an airdrop at a rate of 3 UTK for 2 XMN, with distribution expected after April 15, 2026.

Terms & Concepts
  • Airdrop: A distribution of tokens to eligible holders, often used during token migrations, rewards programs, or community incentives.
  • Spot trading: The direct purchase or sale of an asset for immediate settlement at the prevailing market price on an exchange.
  • Token rebrand: A project’s change of name and token identity, which may include a new ticker and a conversion process for existing holders.