Supplemental Announcement for the Token Reflation Swap of eCash (XEC) From Bitcoin Cash ABC (BCHA)
Dear KuCoin Users,
KuCoin will support the Bitcoin Cash ABC (BCHA) token reflation swap to eCash (XEC). We have finished the upgrade and completed the BCHA to XEC token swap automatically for BCHA holders on KuCoin.
The arrangements are as follows:
KuCoin will close the trading service for the BCHA/USDT trading pair at 08:00:00 on December 6, 2021 (UTC). We recommend that you cancel your pending orders of BCHA as soon as possible.
To complete the upgrade, KuCoin will take snapshots of users’ BCHA assets at 08:00:00 on December 6, 2021 (UTC). After the snapshot, we will convert the BCHA into XEC at a ratio of 1:1,000,000 (1 BCHA= 1,000,000 XEC).
KuCoin will open the XEC deposit service at 02:00:00 on December 13, 2021 (UTC).
KuCoin will open the trading service for the XEC/USDT trading pair and XEC withdrawal service at 08:00:00 on December 13, 2021 (UTC).
Please note:
1.Minimum holding for eligibility: 0.01 BCHA;
2.The snapshots will include BCHA balances in Spot accounts (Main Account + Trading Account);
3.BCHA tokens that were in pending deposit or withdrawal at the time of the snapshots will not count towards your BCHA balance;
4.After the token swap is complete, the Bitcoin Cash ABC (BCHA) will no longer be supported on KuCoin.
For further information on the token swap, please refer to the :
Bitcoin ABC 0.23.6 Release Notes
Regards,
The KuCoin Team
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