KuCoin to support Synternet token migration
KuCoin to support Synternet token migration
KuCoin has announced that it will support the token migration from Synternet (NOIA) to Synternet (SYNT).
As part of the transition, KuCoin will handle the automatic exchange for NOIA holders on its platform. In preparation, KuCoin will disable NOIA deposits and withdrawals on July 8, 2024 at 03:00 UTC. Additionally, trading services for NOIA/USDT and NOIA/BTC pairs will be halted at the same time.
The migration process will involve taking snapshots of users' NOIA holdings at 09:00 UTC on July 8th, after which NOIA will be converted to SYNT on a 1:1 basis. Eligible NOIA holders must have a minimum of 15 NOIA in their accounts, excluding those in pending transactions, during the snapshot period. After the migration, NOIA will no longer be supported on KuCoin.
This migration underscores KuCoin's commitment to staying on top of the latest developments and providing seamless transitions for its users. By ensuring a smooth exchange process and clear communication, KuCoin aims to maintain user confidence and operational efficiency during the transition.
The transition from NOIA to SYNT reflects Synternet's continued evolution and potential growth. Users are advised to stay tuned to official channels for further updates and manage their holdings accordingly to avoid any disruptions.
Crypto exchange KuCoin is designed with an emphasis on intuitive interface, a simple registration process, and high levels of security. It supports futures trading, a built-in P2P exchange, the ability to purchase cryptocurrencies with a credit or debit card, and instant exchange services.
Also known as the "people's exchange," KuCoin has facilitated over 1.2 trillion in lifetime trading volume since 2017 and serves over 30 million users worldwide.
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