Binance Will Support KITE Contract Swap on Ethereum (ERC20) Network

According to the announcement from Binance, the exchange will support the KITE (KITE) contract swap on the Ethereum (ERC20) network. At 2026-08-20 02:00 (UTC), deposits and withdrawals of the KITE token via the Ethereum (ERC20) network will be suspended. Binance said users should allow sufficient time for KITE deposits to be fully processed before that time. Spot, Margin, Futures trading, and Binance Earn services will not be impacted during the contract swap. Binance will handle the technical requirements for users involved in the event.Contract Swap DetailsThe contract swap will be conducted at a ratio of 1:1. Binance identified the new KITE token contract address on the Ethereum (ERC20) network as KITE, and the old KITE token contract address on the Ethereum (ERC20) network as KITE. The announcement did not indicate any changes to trading services beyond the temporary suspension of deposits and withdrawals on the Ethereum (ERC20) network. Binance said the swap process will be managed by the exchange for affected users.