Monday, June 18, 2018

ICON Breaking News - Token swap schedule announced

Greetings from the ICON Team

The token swap between ERC20 ICX tokens and mainnet ICX coins will start this week. The swap will be made through Binance, Upbit, Bithumb and our ICONex wallet. We will be expanding the number of exchanges that will support the token swap process and will announce them when ready. 

We thank you all for waiting patiently and give you the details as follows;
The ERC20 ICX tokens will be swapped to mainnet ICX coins with a 1:1 swap exchange rate (1 ERC20 ICX token = 1 mainnet ICX coin) using one of the following two options;
1) Using the exchange
   (BinanceUpbit, Bithumb)
2) Token swap feature of ICONex

See full announcement: Click here

Token swap schedule
1. Exchanges: Deposit your ERC20 ICX tokens to the exchange until; 
    - Binance: 2018.6.20 (09:00,UTC+9) (For details, click here)
    - Upbit: 2018.6.20 (22:00,UTC+9) (For details, click here)
    - Bithumb: 2018.6.21 (Time to be announced) 
      (Official announcement from Bithumb will be announced soon)

2. ICONex: 2018.06.25(13:00,UTC+9) ~ 2018.09.25(13:00,UTC+9)

                 (You will have 3 months to submit the token swap process using ICONex)

Token swap procedure
1. Exchanges 
   - Deposit your ERC20 ICX tokens to Binance, Upbit or Bithumb before their deadlines.
     The exchanges will make the token swap process without any additional submission  
     or waiting period. 
2. ICONex (For detailed guides: Click here)
   - You can swap your tokens using the token swap feature of ICONex 

Questions regarding token swap
We expect to receive many questions regarding the tokens swap and may take time to answer individual questions through email. Please submit your questions using the following link and we will update our FAQ sheet with the answers.
1. Submit your questions here
2. FAQ sheet: Answers to your questions

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