CoinDCX will support the BitTorrent (BTT) token migration, 1:1000 redenomination and renaming plan.
Please refer below for the timeline about this change.
- At 10:00 AM (IST) on January 14, 2022, CoinDCX will close all BTT margin positions, conduct an automatic settlement and cancel all pending BTT margin orders, and then delist BTT/USDT margin trading pair. A separate announcement will be made for relisting.
- Deposits and withdrawals of BTT have already been suspended on CoinDCX.
- At 09:30 AM (IST) on January 16, 2022, CoinDCX will delist all existing BTT spot trading pairs (BTT/USDT, BTT/INR, BTT/USDC, BTT/BNB, BTT/TRX, BTT/TUSD) and all pending spot trade orders will be canceled.
- CoinDCX will recover all old BTT balances and begin the distribution of new BTT, which will be renamed as BTTC, to all eligible users at a ratio of 1 BTT (Old) = 1,000 BTTC.
- After the token migration, the old BTT tokens will be renamed as BTTOLD, and the new tokens’ ticker will be BTTC.
- At 10:00 AM (IST) on January 25, 2022, trading will then open for BTTC/USDT, BTTC/USDC and BTTC/INR spot trading pairs. Please note that BTTC/BTC and BTTC/BNB spot trading pairs will not be listed.
- At 10:00 AM (IST) on January 26, 2022, BTTC will be listed on CoinDCX app.
- We will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of BTTC will open.
We appreciate your support and cooperation while we work on this.
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