KuCoin Will Support the Smart Contract Swap of BitMax Token (BTMX) From BTMX to ASD

Dear KuCoin Users,

KuCoin will support the BitMax Token (BTMX) smart contract swap. We will complete the BTMX to ASD token swap automatically for BTMX holders on KuCoin.

The arrangements are as follows:

1. KuCoin will close the trading service for the BTMX/USDT trading pair at 10:00:00 on June 17, 2021 (UTC).We recommend that you cancel your pending orders of BTMX as soon as possible.
2. To complete the token swap, KuCoin will take snapshots of users’ BTMX assets at 16:00:00 on June 17, 2021 (UTC+8). After the snapshot, we will convert the BTMX into ASD at a ratio of 1:1 (1 BTMX = 1 ASD).
3. For Trading Bot Users: KuCoin will close the BTMX/USDT Classic Grid trading pair at 09:00:00 on June 17, 2021(UTC). We recommend that you stop the running BTMX/USDT classic grid bots in advance；
4. KuCoin will open the ASD deposit service at 8:00:00 on July 1, 2021 (UTC).
5. KuCoin will open the trading service for the ASD/USDT trading pair and ASD withdrawal service at 8:00:00 on July 2, 2021 (UTC).

Please note:

• Minimum holding for eligibility: 1 BTMX;
• The snapshots will include BTMX balances in Spot accounts (Main Account + Trading Account).
• BTMX tokens that were pending deposit or withdrawal at the time of the snapshots will not count towards your BTMX balance.
• After the token swap is complete, the BTMX token will not be supported on KuCoin.

For further information on the token swap, please refer to the official announcement：

BTMX Ticker Change to ASD and Smart Contract Swap

Regards,

The KuCoin Team

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