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Cryptocurrency News Articles
OKX Supports GuildFi Token Migration to ZENT, Ensuring User Transition
Apr 25, 2024 at 05:07 pm
Global crypto exchange and Web3 technology company OKX has announced support for the GuildFi (GF) token migration to ZENT, which will occur on April 26th, 2024. The migration will take place at a ratio of 1:10, and key dates for the process include the cancellation of all pending GF token orders and the delisting of the GF/USDT spot trading pair at 8:00 am UTC on April 26th, 2024.
OKX Announces Support for GF Token Migration to ZENT, Facilitating Seamless Transition for Users
Dubai, UAE - April 25, 2024 - OKX, one of the world's leading crypto exchanges and Web3 technology companies, today announced its robust support for the upcoming GuildFi (GF) token migration to ZENT. This strategic move aims to ensure a smooth and seamless experience for users holding GF tokens on the OKX platform.
The migration, which will occur at a ratio of 1:10, is scheduled to commence on April 26, 2024, as per the official plan outlined by GuildFi. OKX has meticulously planned every step of the process to minimize disruption and provide maximum convenience for its valued users.
Key Dates for GF Token Migration
- April 26, 2024, 8:00 am UTC: All pending GF token orders will be canceled, and the GF/USDT spot trading pair will be delisted.
- April 26, 2024, 10:00 am UTC: GF transfers, deposits, and withdrawals will be suspended.
- April 26, 2024, 4:00 pm UTC: An account snapshot will be taken, and the subsequent token migration will commence.
Following the snapshot, the newly minted ZENT tokens will be eligible for deposits, withdrawals, and spot trading. The specific opening time for these services will be announced separately.
Important Considerations for Users
- At the time of the snapshot, any GF tokens that are being withdrawn or not deposited successfully will not be included in the migration.
- For GF tokens held in sub-accounts, once the migration is complete, the new ZENT tokens will be automatically transferred to the main account.
- GF holdings under 1 token (excluding open orders) will not be eligible for inclusion in the migration.
Commitment to User Convenience and Security
OKX has been a steadfast advocate for user convenience and security. The platform's unwavering commitment to these principles is evident in the meticulous planning and implementation of the GF token migration process.
To ensure a seamless transition, OKX has established several dedicated channels for user assistance and guidance throughout this period. Users are strongly encouraged to familiarize themselves with the migration details and seek assistance if needed.
About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by over 50 million users worldwide, OKX has consistently ranked among the fastest and most reliable crypto trading platforms.
OKX aims to revolutionize the digital asset space by providing cutting-edge products and services that redefine the user experience. With a focus on transparency, security, and innovation, OKX is committed to fostering mass adoption of cryptocurrencies and Web3 technologies.
For more information, please visit the OKX website at [www.okx.com](https://www.okx.com/).
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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