KuCoin Will Support the Covalent Query Token (CQT) Token Swap to Covalent X Token (CXT)

KuCoin Will Support the Covalent Query Token (CQT) Token Swap to Covalent X Token (CXT)

07/15/2024, 10:15:18

Dear KuCoin Users,

KuCoin will support the token swap of Covalent Query Token (CQT) to Covalent X Token (CXT). We will complete the CQT to CXR token swap automatically for CQT holders on KuCoin.

The arrangements are as follows:

The deposit, withdrawal and trading services remain closed.

To complete the token swap, KuCoin took snapshots of users'CQT assets at 04:00:00 on July 9, 2024 (UTC). After the snapshot, we will convert the CQT to CXT at a ratio of 1:1 (1 CQT = 1 CXT).

Please note:

1. Minimum holding for eligibility: 1CQT

2. The snapshots included CQT balances in Spot accounts (Main Account + Trading Account).

3. CQT tokens that were in pending deposit or withdrawal at the time of the snapshots have not been counted towards your CQT balance.

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

For further information on the token migration, please refer to:

official announcement

Regards,

The KuCoin Team


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