Binance Wallet announced on X that Binance Alpha 2.0 will facilitate the contract swap for PlaysOut (PLAY) from the BEP20 network to the BASE network. This transition is set to begin on 2026-03-23 at 06:30 UTC, during which trading for PLAY will be temporarily suspended to ensure a smooth swap process.
The contract swap will be executed at a 1:1 ratio, maintaining the value of PLAY tokens for users. Trading of PlaysOut (PLAY) on Binance Alpha 2.0 is anticipated to resume later the same day, at 11:30 UTC. This temporary suspension is necessary to accommodate the technical requirements of the network transition, ensuring that all PLAY tokens are accurately swapped to the new BASE network.
Users holding PLAY tokens on Binance Alpha 2.0 will not need to take any action during this process, as the swap will be automatically managed by the platform. The resumption of trading will allow users to continue their activities with the updated contract, reflecting the new network integration. This initiative underscores Binance's commitment to supporting network upgrades and enhancing the trading experience for its users.