KuCoin Will Support the Token Reduction Swap of Pundi X From NPXS to PUNDIX
04/01/2021, 11:12:32
Dear KuCoin Users,
KuCoin will support the Pundi X (NPXS) token reduction swap to Pundi X (PUNDIX). We will start the upgrade and complete the NPXS to PUNDIX token swap automatically for NPXS holders on KuCoin.
The arrangements are as follows:
- KuCoin will suspend the NPXS withdrawal and deposit services at 4:00:00 on April 5, 2021 (UTC).
- KuCoin will close the trading service for the NPXS/USDT, NPXS/ETH and NPXS/BTC trading pairs at 10:00:00 on April 5, 2021 (UTC).We recommend that you cancel your pending orders of NPXS as soon as possible.
- To complete the upgrade, KuCoin will take snapshots of users’ NPXS assets at 16:00:00 on April 5, 2021 (UTC+8). After the snapshot, we will convert the NPXS into PUNDIX at a ratio of 1,000:1 (1,000 NPXS = 1 PUNDIX).
- KuCoin will open the PUNDIX deposit service at 4:00:00 on April 9, 2021 (UTC).
- KuCoin will open the trading service for the PUNDIX/USDT and PUNDIX/BTC trading pairs and PUNDIX withdrawal service at 8:00:00 on April 9, 2021 (UTC).
Please note:
- Minimum holding for eligibility: 10 NPXS;
- The snapshots will include NPXS balances in Spot accounts (Main Account + Trading Account).
- NPXS tokens that were pending deposit or withdrawal at the time of the snapshots will not count towards your NPXS balance.
- After the token swap is complete, the Pundi X (NPXS) will not be supported on KuCoin.
- Non-KuCoin users can go to Pundi X official swap site to complete the swap.
For further information on the token swap, please refer to:
NPXS Token Reduction Poll Result
Regards,
The KuCoin Team
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