KuCoin Will Support the Zebec (ZBC) Token Swap
Dear KuCoin Users,
KuCoin will support the Zebec (ZBC) token swap and automatically complete the token swap from the old Zebec (ZBC) to the new Zebec Network (ZBCN) for holders on KuCoin.
The arrangements are as follows:
1.The deposit services and withdrawal services for ZBC will be closed at 07:00:00 on April 17, 2024 (UTC).
2. The ZBC/USDT trading bots will automatically stop running at 06:45:00 on April 17, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.
3. KuCoin will close the trading service for the ZBC/USDT trading pair at 07:00:00 on April 17, 2024 (UTC). We recommend that you cancel your pending orders of ZBC as soon as possible.
4. To complete the swap, KuCoin will take snapshots of users’ ZBC assets at 12:00:00 on April 17, 2024 (UTC). After the snapshot, we will convert the old ZBC to the new ZBCN at a ratio of 1:10 (1 old ZBC = 10 new ZBCN).
5. Deposit and withdrawal services as well as the trading service for the ZBCN/USDT trading pair will be opened after the swap is completed. We will notify users in a further announcement.
Notes:
1. Minimum holding for eligibility: 50 ZBC.
2. The snapshots will include ZBC balances in Spot accounts (Main Account + Trading Account).
3. ZBC tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your ZBC balance.
4. After the swap is completed, the old ZBC 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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