OKX Supports AGIX Token Migration to FET Tokens
OKX, a leading cryptocurrency exchange, has announced its support for the migration of AGIX tokens to FET tokens, adhering to the official plan of AGIX. The migration will occur at a conversion ratio of 1 AGIX to 0.43335 FET, starting from July 1, 2024.
Migration Schedule
The transition will follow a detailed schedule, ensuring a smooth process for all users:
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- All pending orders for AGIX tokens will be canceled, and the AGIX/USDT spot trading pair will be suspended at 8:00 am UTC on July 1, 2024.
- AGIX transfers, deposits, and withdrawals will be suspended at 10:00 am UTC on July 1, 2024.
- An account snapshot and subsequent token migration will be conducted at 4:00 pm UTC on July 1, 2024.
The snapshot will encompass both OKX funding and trading accounts.
Important Considerations
Users should be aware of the following:
- AGIX tokens that are in the process of being withdrawn or not successfully deposited at the time of the snapshot will not be included in the migration.
- For AGIX tokens in sub-accounts, the converted FET tokens will be transferred to the main account upon completion of the migration.
- Holdings under 1 AGIX (excluding open orders) will not be included in the migration.
Risk Warning
OKX emphasizes that the information provided is for informational and educational purposes only and may include third-party content. The exchange does not guarantee the accuracy or completeness of the information and advises users to conduct their own research and assess their risk appetite before trading digital assets. Digital assets are highly speculative and subject to significant volatility, potentially resulting in the loss of the entire investment. For further details, users can refer to the Terms of Service and Risk & Compliance Disclosure.
For any inquiries, users can contact OKX via the support center or connect with the exchange on any preferred platform.
Source: OKX
Image source: Shutterstock
Hot Take: Ensure Smooth Transition in AGIX Token Migration
As a crypto enthusiast, it is essential to stay informed about the upcoming migration of AGIX tokens to FET tokens on OKX. The detailed schedule and important considerations provided by the exchange aim to streamline the process and minimize any disruptions for users. Remember to take note of the migration schedule and ensure that your AGIX holdings are in line with the requirements for a successful transition. Additionally, always be mindful of the risks involved in trading digital assets and conduct thorough research before making any investment decisions. Stay updated with OKX for any further developments or inquiries relating to the token migration.
