Red Pulse is a Chinese news feed platform. Users can access the news related to several sectors of the society, including Financials, Technology, Healthcare, Consumer Cyclicals, Consumer Non-Cyclicals, among other events occurring in Asia.  

Red Pulse Phoenix (PHX) is an upgrade of the previous Red Pulse token (RPX). It is a NEO-based market intelligence platform covering China's financial and capital markets. PHX is the token that serves as currency on Red Pulse's framework. Its supply will increase over time at a rate of 10% per year.

As part of the integration of Red Pulse’s tokenized knowledge ecosystem and Binance Chain, will be migrating a major portion of Red Pulse token ecosystem to Binance Chain. Binance Chain is the newly developed blockchain software system developed by cryptocurrency exchange Binance (https://www.binance.com).  
  
The PHB migration and integration will occur as scheduled:

· Wednesday, May 22, 2019, 04:00 UTC: Trading pairs, withdrawals, and deposits of PHX will be suspended on Binance.

· Friday, May 24, 2019, 04:00 UTC: Trading, withdrawals, and deposits of PHB will begin.   
The trading pairs, PHB / BNB, PHB / BTC, PHB / USDC, PHB / TUSD, and PHB / PAX will be listed on Binance DEX ([https://www.binance.org](https://www.binance.org/)).

The previous trading pairs, PHX / BNB, PHX / BTC, and PHX / ETH, will be removed and delisted.

**\*Notes:**

**· PHX tokens on Binance will be converted to PHB on a 1:1 basis during the withdrawal and deposit downtime.**

**· NEP5 PHX tokens deposited now or in the future on Binance will automatically be swapped to BEP2 PHB tokens**

**· Only BEP2 PHB tokens can be withdrawn on Binance**

**· Deposits and withdrawals of PHB will open prior to the commencement of trading in the new PHB trading pairs.**

**The** [**www.redpulse.com**](http://www.redpulse.com/) **platform will allow users to deposit and withdraw PHB, while continuing to support PHX.** 
**Further functionality and PHB integration, such as earning PHB staking rewards and PHX / PHB conversion, will be rolled out in subsequent planned and coordinated stages following the launch of PHB.**

Find Red Pulse Phoenix Binance here - <https://www.cryptocompare.com/coins/phb/overview/BTC>