KuCoin Will Support the Router Protocol (ROUTE) Mainnet Launch and Migration Plan
08/16/2024, 12:26:56
Dear KuCoin Users,
KuCoin will support the mainnet launch of the ROUTE token. KuCoin will also support the mainnet swap from Ethereum to the Router Protocol (ROUTE) Mainnet by completing the swap automatically for ROUTE holders on KuCoin.
The arrangements are as follows:
1. KuCoin will close the withdrawal service for ROUTE at 06:30:00 on August 16, 2024 (UTC).
2. The deposit service for ROUTE on KuCoin will remain closed.
3. The KuCoin Trading Bot will automatically stop the running bots of ROUTE/USDT, including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance at 06:15:00 on August 16, 2024 (UTC).
4. KuCoin will close the trading service for the ROUTE/USDT trading pair at 08:00:00 on August 16, 2024 (UTC). We recommend that you cancel your pending orders of ROUTE as soon as possible.
5. To complete the swap, KuCoin will take snapshots of users’ ROUTE assets at 11:00 on August 16, 2024 (UTC). After the snapshot, we will convert the old ROUTE to new ROUTE at a ratio of 1:33.33 (1 old ROUTE = 33.33 new ROUTE).
Please note:
1. Minimum holding for eligibility: 0.5 ROUTE.
2. The snapshots will include ROUTE balances in Spot accounts (Funding Account + Trading Account).
3. ROUTE tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your ROUTE balance.
4. After the token swap is completed, the old ROUTE token and ROUTE (ERC20) will no longer be supported on KuCoin.
For further information on the token migration, please refer to:
Best regards,
The KuCoin Team