Dear KuCoin Users,
KuCoin will support the MAP Protocol (MAP) mainnet swap and automatically complete the swap from the old MAP Protocol (MAP) to the new MAP Protocol (MAPO) for holders on KuCoin.
The arrangements are as follows:
1.The deposit services for MAP will remain closed, while the withdrawal services for MAP will be closed at 07:00:00 on April 12th, 2024 (UTC).
2. The MAP/USDT and MAP/BTC trading bots will automatically stop running at 06:45:00 on April 12th, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.
3. KuCoin will close the trading service for the MAP/USDT and MAP/BTC trading pairs at 07:00:00 on April 12th, 2024 (UTC). We recommend that you cancel your pending orders of MAP as soon as possible.
4. To complete the swap, KuCoin will take snapshots of users’ MAP assets at 12:00:00 on April 12, 2024 (UTC). After the snapshot, we will convert the old MAP to the new MAPO at a ratio of 1:1 (1 old MAP = 1 new MAPO).
5. Deposit and withdrawal services as well as the trading service for the MAPO/USDT and MAPO/BTC trading pairs will be opened after the swap is completed. We will notify users in a further announcement.
Notes:
1. Minimum holding for eligibility: 30 MAP.
2. The snapshots will include MAP balances in Spot accounts (Main Account + Trading Account).
3. MAP tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your MAP balance.
4. After the swap is completed, the old MAP token will no longer be supported on KuCoin.
For further information on the token swap, please refer to the Official Announcement.
Regards,
The KuCoin Team
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