KuCoin Will Start the Multi-Collateral DAI Token Swap

KuCoin Will Start the Multi-Collateral DAI Token Swap

11/19/2019, 09:53:15

Dear KuCoin Users,

Per request from Dai project, KuCoin will start the Multi-Collateral DAI upgrade and complete the token swap automatically for DAI holders.

In order to facilitate the user’s understanding, KuCoin will not operate the rename of the Single Collateral DAI to SAI. Meanwhile, the deposit and withdrawal services of DAI have been opened, and users can deposit and withdraw SAI or DAI projects on the KuCoin platform.

To ensure the smooth release of the token swap, KuCoin will close the DAI deposit and withdrawal services temporarily at 16:00, December 2, 2019 (UTC+8). Relevant follow-up progress will be announced separately.

We strongly suggest you deposit your DAI tokens to KuCoin and we will swap the Multi-Collateral Dai for you automatically.

For further information, please refer to What to Expect With the Launch of Multi-Collateral Dai

Thanks for your support!

The KuCoin Team


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