KuCoin Will Support the Token Swap of TE-FOOD From TFD to TONE

10/23/2020, 16:00:20

Dear KuCoin Users,

KuCoin will support the TE-FOOD (TFD) token swap to TE-FOOD (TONE). KuCoin will start the upgrade and complete the TONE token swap automatically for TFD holders.

The arrangements are as follows:

  1. KuCoin will close the trading service for the TFD/BTC and TFD/ETH trading pairs at 22:00:00 on October 24, 2020 (UTC+8). We recommend that you cancel your pending orders of TFD as soon as possible.
  2. To complete the upgrade, KuCoin will take snapshots of users’ TFD assets at 22:00:00 on October 24, 2020 (UTC+8). After the snapshot, we will convert the TFD into TONE at a ratio of 1:1 (1 TFD = 1 TONE).
  3. KuCoin will open the TONE deposit service at 18:00:00 on October 27, 2020 (UTC+8).
  4. KuCoin will open the trading service for the TONE/BTC and TONE/ETH trading pairs and TONE withdrawal service at 18:00:00 on October 28,2020 (UTC+8).

Note:

The new TONE token will be automatically distributed to users' main account.

Regards,

The KuCoin Team