KuCoin Will Support the Token Swap of CBC.network (CBC) from CBC to CLUB

KuCoin Will Support the Token Swap of CBC.network (CBC) from CBC to CLUB

2022/11/08 08:00:37

Dear KuCoin Users,

KuCoin will support the token swap of CBC.network (CBC) from CBC to CLUB and complete the token swap automatically for CBC holders.

The arrangements are as follows:

1. KuCoin will close the CBC withdrawal and deposit services at 08:00:00 on November 9, 2022 (UTC).

2. KuCoin Trading Bot will stop CBC/USDT and CBC/BTC running bots including Spot Grid, Infinity Grid, and DCA at 07:50:00 on November 10, 2022 (UTC).

3. KuCoin will close the trading service for the CBC/USDT, CBC/BTC and CBC/ETH trading pairs at 08:00:00 on November 10, 2022 (UTC). We recommend that you cancel your pending orders of CBC as soon as possible.

4. To complete the upgrade, KuCoin will take snapshots of users’ CBC assets at 12:00:00 on November 10, 2022 (UTC). After the snapshot, we will convert the CBC into CLUB at a ratio of 1:1 (1 CBC = 1 CLUB).

Related follow-ups to this subject will be announced separately as soon as possible.

Please note:

1. Minimum holding for eligibility: 118 CBC

2. The snapshots will include CBC balances in Spot accounts (Main Account + Trading Account).

3. CBC tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your CBC balance.

4. After the swap is completed, the CBC token will no longer be supported on KuCoin.

For further information on the token swap, please refer to the Official Announcement.

Thanks for your support!

The KuCoin Team

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