Exciting news has come from the Binance exchange and Zilliqa team announcing the Zilliqa token swap will commence on the 22nd April.

From midnight on the 22nd of April Zilliqa trading and withdrawals will be suspended on leading cryptocurrency exchange Binance, Binance will handle all of the technical requirements required for the token swap for any users holding the asset on their platform.

But don’t worry if you haven’t added your ERC20 Zilliqa tokens to the Binance exchange yet they will still swap your tokens even if you deposit after 22nd of April.

But why do you need to swap your tokens?

The Zilliqa main-net is now fully up and running with transactions and mining on their own blockchain separating itself from the Ethereum network meaning the tokens will need to be changed from Ethereum ERC20 tokens to Zilliqa blockchain tokens.