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OKX to Facilitate AGIX Token Migration to FET - Blockchain.News

OKX to Facilitate AGIX Token Migration to FET

Peter Zhang Jun 27, 2024 13:53

OKX will support the migration of AGIX tokens to FET at a 1:0.43335 ratio starting July 1, 2024. Users are advised to follow the provided schedule.

OKX to Facilitate AGIX Token Migration to FET

OKX, a leading cryptocurrency exchange, has announced its support for the migration of AGIX tokens to FET tokens, adhering to the official plan of AGIX. The migration will occur at a conversion ratio of 1 AGIX to 0.43335 FET, starting from July 1, 2024.

Migration Schedule

The transition will follow a detailed schedule, ensuring a smooth process for all users:

  1. All pending orders for AGIX tokens will be canceled, and the AGIX/USDT spot trading pair will be suspended at 8:00 am UTC on July 1, 2024.
  2. AGIX transfers, deposits, and withdrawals will be suspended at 10:00 am UTC on July 1, 2024.
  3. An account snapshot and subsequent token migration will be conducted at 4:00 pm UTC on July 1, 2024.

The snapshot will encompass both OKX funding and trading accounts.

Important Considerations

Users should be aware of the following:

  1. AGIX tokens that are in the process of being withdrawn or not successfully deposited at the time of the snapshot will not be included in the migration.
  2. For AGIX tokens in sub-accounts, the converted FET tokens will be transferred to the main account upon completion of the migration.
  3. Holdings under 1 AGIX (excluding open orders) will not be included in the migration.

Risk Warning

OKX emphasizes that the information provided is for informational and educational purposes only and may include third-party content. The exchange does not guarantee the accuracy or completeness of the information and advises users to conduct their own research and assess their risk appetite before trading digital assets. Digital assets are highly speculative and subject to significant volatility, potentially resulting in the loss of the entire investment. For further details, users can refer to the Terms of Service and Risk & Compliance Disclosure.

For any inquiries, users can contact OKX via the support center or connect with the exchange on any preferred platform.

Source: OKX

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