KuCoin Will Support the Stratis (STRAX) Token Swap
03/16/2024, 10:53:34
Dear KuCoin Users,
KuCoin will support the Stratis (STRAX) token swap and automatically complete the token swap from the old Stratis (STRAX) to the new Stratis (STRAX) for holders on KuCoin.
The arrangements are as follows:
1.The deposit services and withdrawal services for STRAX will be closed at 07:00:00 on March 18, 2024 (UTC).
2. The STRAX/USDT trading bots will automatically stop running at 06:45:00 on March 19, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.
3. KuCoin will close the trading service for the STRAX/USDT trading pair at 07:00:00 on March 19, 2024 (UTC). We recommend that you cancel your pending orders of STRAX as soon as possible.
4. To complete the swap, KuCoin will take snapshots of users’ STRAX assets at 12:00:00 on March 19, 2024 (UTC). After the snapshot, we will convert the old STRAX to the new STRAX at a ratio of 1:10 (1 old STRAX = 10 new STRAX).
5. Deposit and withdraw services as well as the trading service for the STRAX /USDT trading pair will be opened after the swap is completed. We will notify users in a further announcement.
Notes:
1. Minimum holding for eligibility: 0.66 STRAX.
2. The snapshots will include STRAX balances in Spot accounts (Main Account + Trading Account).
3. STRAX tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your STRAX balance.
4. After the swap is completed, the old STRAX token will no longer be supported on KuCoin.
For further information on the token swap, please refer to the Official Announcement.
Regards,
The KuCoin Team
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