Binance Completes ApeCoin Contract Swap on BNB Smart Chain

Binance finalized a contract swap for ApeCoin on the BNB Smart Chain, enabling a 1:1 exchange rate for new APE tokens, effective November 3, 2025.

This move enhances security and operational efficiency in managing ApeCoin transactions without interrupting trading services.

Binance Executes Seamless ApeCoin Swap at 1:1 Ratio

Binance announced the completion of its contract swap for ApeCoin on its platform, with the process starting in late October 2025. Users can exchange old APE tokens at a 1:1 ratio for new APE tokens, maintaining a seamless transaction process. The original APE token has been renamed APEOLD and is no longer supported for withdrawals.

With the transition, APE’s operational chain moved to the BNB Smart Chain, enabling enhanced security and streamlined contract functionality. The migration occurred without any disruptions to trading services, underscoring the platform’s emphasis on minimizing user impact. The exchange handled the swap automatically, reinforcing their record of efficient user-centric adaptations. The BNB Smart Chain now gains cross-chain liquidity options due to upgraded APE smart contract operations, potentially increasing overall BEP20 token utility.

“Withdrawing availability of new APE tokens will be announced separately after the contract swap is completed. The original APE token will be renamed APEOLD, and withdrawals of APEOLD will no longer be supported. Trading services remain unaffected,” according to Binance’s official announcement.

Market participants largely received the transition well, reflecting on Binance’s history of smooth token migrations. There was no public commentary from major industry figures, reflecting the procedural nature of the migration. As part of its official communication, Binance confirmed the immediate operational changes with precision and clarity. As highlighted by Coincu, the migration aligns with broader trends in enhancing cryptocurrency infrastructure efficiency on exchanges.

ApeCoin Moves to BNB Smart Chain Amid Infrastructure Upgrades

Did you know? The automatic migration of ApeCoin to the BNB Smart Chain is similar to Ethereum’s previous protocol upgrades, showcasing a longstanding industry practice for enhancing infrastructure security and functionality.

According to CoinMarketCap, ApeCoin (APE) recently traded at $0.40, with a market cap of formatNumber(303998715, 2) and a market dominance of 0.01%. Its trading volume over 24 hours stood at nearly formatNumber(20904343, 2). The token showed price declines, notably a 29.92% drop over 90 days.

Users likely expect improved efficiency and enhanced transaction security following the upgrade. This transition plays into the wider strategy of enhancing the BNB ecosystem to support decentralized applications effectively.