KuCoin Will Support the Hacken Token (HAI) Distribution Process

01/06/2021 17:28:11

Dear KuCoin Users,

KuCoin will support the Hacken Token (HAI) distribution process. We will complete the HKN to HAI token swap automatically for HKN holders on KuCoin.

The arrangements are as follows:

  1. KuCoin will take snapshots of users’ HKN assets at 16:00:00 on June 1, 2021 (UTC). After the snapshot, we will convert the HKN into HAI at a ratio of 1:10 (1 HKN = 10 HAI).
  2. KuCoin will distribute HAI to users within one year.

Please note:

  1. Minimum holding for eligibility: 1 HKN;
  2. The snapshots will include HKN balances in Spot accounts (Main Account + Trading Account);
  3. KuCoin does NOT support deposit, withdrawal, and trading services for HKN;
  4. The distribution of HAI will be announced separately.

For further information on the distribution process, please refer to:

HAI Distribution Process

Regards,

The KuCoin Team

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