What Is FORM Coin? The Four.meme Token Explained

FORM is the token of Four, which runs the four.meme launchpad on BNB Chain. It replaced BinaryX (BNX) 1:1 in March 2025 and traded near $0.31 in September 2026.

FORM is the token of Four, the project that runs four.meme, a platform on BNB Chain where anyone can launch a meme coin in a few seconds. It is not a new coin: FORM is the old BinaryX (BNX) token, renamed and swapped one for one in March 2025. On 27 September 2026 FORM traded at about $0.31 (roughly ₹30), with a market cap of about $119 million, around 262nd among all cryptocurrencies.

Key takeaways

FORM belongs to Four, the team behind four.meme, a meme coin launchpad on BNB Chain.
BinaryX (BNX) became Four (FORM) in March 2025 at a ratio of 1 BNX to 1 FORM. No holder gained or lost tokens in the swap.
About 382 million FORM were in circulation in September 2026, out of a total supply of about 572 million.
FORM is about 92% below its 2025 peak of a little over $4. It is a small, high-risk token tied to meme coin activity.
Gains are taxed at a flat 30% plus 4% cess in India, with 1% TDS on sales and no set-off of losses.

What is Four, and what is four.meme?

Four started life as BinaryX, a BNB Chain project known for blockchain games and initial game offerings (IGOs), where new game tokens were sold to its community. In mid-2024 the team launched four.meme, a "fair launch" site for meme coins, and it quickly became the busiest meme coin launchpad on BNB Chain. It works in a similar way to pump.fun on Solana.

How a launch works on four.meme, in simple steps:

A creator fills in a name, ticker, logo and social links. Launching costs only a small network fee.
Every token created there has a fixed supply of 1 billion units.
Buyers trade the new token on a built-in pricing curve (a "bonding curve"), where the price rises as more people buy. Four.meme charges a trading fee on these trades; its own documentation gives 1% per trade.
If enough money comes in to fill the curve (about 18 BNB, per the platform's guide), the token "graduates": part of the supply and the collected funds are moved to PancakeSwap, where it trades like any other token.

Most tokens never graduate, and most that do lose most of their value later. That is normal for meme coins, and it matters for FORM because Four's business depends on people continuing to launch and trade them. Our guide to meme coins and their risks explains why so many of them fail.

The BinaryX (BNX) to FORM rebrand

As the launchpad grew bigger than the gaming business, the team renamed the whole project Four and its token FORM. Major exchanges handled the change in March 2025: BNX trading was halted on 18 March 2025, balances were converted at 1 BNX = 1 FORM, and FORM trading opened on 21 March 2025. If you held BNX on a supporting exchange, it was converted for you automatically. If you still see BNX in an old self-custody wallet, check the project's official channels for the current swap process before you do anything, and never enter your seed phrase on a site claiming to "migrate" tokens.

FORM in numbers (27 September 2026 snapshot)

These figures change every minute; they are dated so you can compare them with today's market.

Measure	Value on 27 September 2026
Price	About $0.3126, or about ₹29.95 at ₹95.82 to the dollar
Market cap	About $119 million (roughly ₹1,140 crore)
Rank	Around #262
Circulating supply	About 382 million FORM
Total supply	About 572 million FORM
All-time high	A little over $4, in 2025
₹1,000 buys	About 33 FORM

For scale, BNB, the coin of the chain FORM lives on, was worth about $104 billion on the same day, nearly 900 times more. PancakeSwap's CAKE, the exchange where four.meme tokens graduate, was worth about $884 million, around seven times FORM. Getting back to the 2025 high would need FORM's market cap to rise roughly 13 times, to about $1.6 billion at today's supply. That is simple maths, not a forecast.

What is FORM used for?

The project describes FORM as a governance and utility token. In practice, its roles include:

Governance: holders can vote on proposals for the project.
Access and rewards: priority or allocations in new launches and events run by Four, and staking or liquidity programmes from time to time.
Buybacks: the team has used platform revenue to buy back and burn FORM, which reduces supply. How often and how much is up to the team, so treat it as a possible support, not a promise.

Unlike BNB, FORM is not needed to pay network fees or to use four.meme. Its value depends largely on how busy the launchpad is and on trust in the team.

Risks to understand before buying FORM

Meme coin cycle risk: launchpad activity booms in meme manias and dries up when they fade. FORM tends to follow that cycle.
Competition: other launchpads on BNB Chain and on other chains compete for the same creators and traders.
Security: four.meme suffered two exploits in early 2025, in February and March, and paused some features while they were fixed. Smart contract bugs remain a real risk for any launchpad.
Concentration: a large part of the total supply is not yet circulating, and a small token like this can be moved by a few large holders or by future unlocks.
Volatility: FORM has already fallen more than 90% from its peak. Small caps can halve again quickly.
Look-alike tokens: several unrelated tokens use "Four" or "4" in their names. Check that the ticker is FORM and the contract address matches the project's official one.

Can you buy FORM in India?

FORM trades mainly on global exchanges such as Binance, Bitget, MEXC and Gate, against USDT, and on PancakeSwap on BNB Chain. On Indian exchanges its availability is less clear: CoinDCX has a FORM buying page, but listings change, so search for FORM in your app and check whether it has an INR or only a USDT market before you deposit. Whatever you use, pick a platform on our FIU-registered exchanges list.

The usual routes are:

Indian exchange: if FORM is listed in your app, buy it directly in INR or through USDT.
Global exchange: buy USDT in India, send it to a global exchange that lists FORM, and trade USDT for FORM. See our guide to trading on Binance from India.
PancakeSwap: buy BNB in India, move it to your own wallet on BNB Chain, and swap for FORM using the official contract address. This route has the most scope for mistakes, so read how to set up a crypto wallet first.

Tax on FORM in India

FORM is a virtual digital asset, so gains are taxed at a flat 30% plus 4% cess under the rules introduced as Section 115BBH, with no deduction except the cost of buying it. Losses on FORM cannot be set off against other income or carried forward. A 1% TDS applies when you sell or swap. Indian exchanges deduct it for you; on an offshore exchange or PancakeSwap it may not be deducted automatically, but the tax is still due and every trade must be reported in Schedule VDA of your ITR. Swapping FORM for USDT or BNB is itself a taxable transfer. See our crypto tax in India guide and try the crypto tax calculator.

FAQ

What is FORM crypto?

FORM is the token of Four, the project behind the four.meme meme coin launchpad on BNB Chain. It is used for governance, launch perks and buybacks funded by the platform.

Is FORM the same as BNX?

Yes. BinaryX (BNX) was renamed Four (FORM) in March 2025, and holders received 1 FORM for every 1 BNX.

What is the FORM coin price in INR?

On 27 September 2026 FORM was about $0.3126, or roughly ₹29.95. The price changes constantly, so check your exchange for the live rate.

Is FORM listed on Indian exchanges?

CoinDCX shows a FORM buying page, but listings change often. Search for FORM in your exchange app, and check that the exchange is FIU-registered.

Is FORM a good investment?

It is a small, volatile token whose value depends on meme coin activity. Only put in money you can afford to lose entirely.

This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.