CoinDCX Will Support the Micro Chains Gov Token(MCG) Rebranding to Lena (LENA)
- At 2023-09-24, 7:30 AM (IST), Disabling of the MCG spot trading pair (MCG/USDT) and cancellation of all pending MCG orders (MCG /USDT) will take place
- .CoinDCX will remove MCG from the list of supported cryptos on CoinDCX Pro App
- At 2023-09-25, 09:30 PM (IST), CoinDCX will take Snapshots of users’ positions, after all orders are canceled. Users’ MCG will be converted to LENA on a 1:1 basis.
Details of Token Swap:
CoinDCX will recover all MCG balances, and begin the distribution of LENA to all eligible users at a ratio of 1 MCG = 1 LENA
The resumption of trading of Lena (LENA) will be released in the following announcement. CoinDCX will make a separate announcement after the token swap is complete to notify users.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You may reach out on support.coindcx.com
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