KuCoin has actually revealed today that they will instantly begin and also finish the Bytom (BTM) MainNet token swap for BTM owners. The cryptocurrency exchange likewise claimed that they will briefly put on hold down payments as well as withdrawals for Bytom. Short-lived suspension will certainly happen at 16:00:00, June 26th, 2018 (UTC +8). This will certainly make certain that the launch of the BTM MainNet takes place efficiently as well as the swap likewise continues easily.
Bytom is a Blockchain job intending to bring a number of type of possessions right into one Blockchain. They intend to do this by obtaining the off-chain properties, onchain. Bytom revealed the launch of the Mainnet token swap, called Bytom Mainnet ‘Intelligent’ 1.0.0 variation, on 24th of May. They invited designers from the neighborhood come team up in the building of the Bytom community.
The multi-currency exchange system is based in Hong Kong as well as gives a protected as well as clear method to perform cryptocurrency deals. Its customers will certainly better take advantage of the meagre purchase charges that the exchange bills its crypto financiers. The crypto exchange has actually likewise used its assistance to a number of MainNet token swaps apart from Bytom.
KuCoin just recently allowed the withdrawal as well as down payments of the Electroneum (ETN) symbols which had actually been kept. They had actually shut ETN down payments as well as withdrawals for over 2-3 weeks since their purse was overwhelmed from the hefty need. The electronic property exchange included that Electroneum Wallet upgrade had actually been finished as well as is functioning generally currently.
VeChainThor (VET), Vechain (VEN) MainNet swap likewise is being sustained by KuCoin, inning accordance with their statement. The exchange has actually additionally expanded its assistance to Nuls (NULS) MainNet Swap lately. They have actually revealed that owners of the Nuls (NULS) token will certainly be aided in finishing the token swap procedure. In addition to KuCoin, Gate.io, OKEx, as well as BiBox have actually additionally prolonged their assistance to the BTM Mainnet Coin Swap.
KuCoin, in its statement has actually likewise consisted of some suggestions to Bytom owners. It claims that BTM’s initial ERC20 down payment address will certainly end up being void throughout and also after the swap. Any kind of down payments made to this address throughout this time around will certainly be shed. The customer’s BTM property will certainly be safely exchanged to the BTM MainNet after the swap. A brand-new MainNet token down payment address will certainly be created for each and every individual which needs to be made use of after withdrawals as well as down payments are resumed. They additionally recommend that the customers transfer their possession on KuCoin prior to closure of solutions. The exchange will immediately exchange the customers’ MainNet symbols.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Abstractblockchain.