KuCoin Will Support the Token Swap of WorldMobileToken (WMT) to WMTX

Dear KuCoin Users,

KuCoin will support the token swap of WorldMobileToken (WMT) to WMTX, the WMT to WMTX token swap will automatically be complete for WMT holders on KuCoin.

The arrangements are as follows:

1.The deposit and withdrawal services for WMT will be closed at 08:00:00 on Sept 27, 2024 (UTC).

2. The WMT/USDT trading bots will automatically stop running at 07:45:00 on Sept 27, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.

3. KuCoin will close the trading service for the WMT/USDT trading pairs at 08:00:00 on Sept 27, 2024 (UTC). We recommend that you cancel your pending orders of WMT as soon as possible.

4. To complete the swap, KuCoin will take snapshots of users’ WMT assets at 12:00:00 on Sept 27, 2024 (UTC). After the snapshot, we will convert the old WMT to the new WMTX at a ratio of 1:1 (1 old WMT = 1 new WMTX).

5. Deposit and withdrawal services as well as the trading service for the WMTX/USDT trading pairs will be opened after the swap is completed. We will notify users in a further announcement.

Please note:

1. Minimum holding for eligibility: 5 WMT.

2. The snapshots will include WMT balances in Spot accounts (Funding Account + Trading Account).

3. WMT tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your WMTX balance.

4. After the deposit, withdrawal and trading services for WMT closed, the WMT token will no longer be supported on KuCoin, Users who deposit WMT afterward, KuCoin will NOT be able to cover users’ losses.

For further information on the rebranding and token swap, please refer to:

Official Announcemhttps://x.com/wmtoken/status/1833570344944169197ent

Best regards,

The KuCoin Team

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