News

ICON (ICX) token swap will be supported by several crypto exchanges and ICONex wallet

Today, June 18, the ICON team published the announcement about ICON (ICX) token swap.

The token swap will be made through several cryptocurrency exchanges (Binance, Upbit, Bithumb)and ICONex wallet. The ICON team will be expanding the number of exchanges that will support the token swap process and will announce them when ready.

During the Token Swap process 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). Once the token swap is made, to convert them back to ERC20 ICX tokens will be impossible.

You should deposit your ERC20 ICX tokens to the exchange until:

  • Binance: 2018.6.20 (09:00,UTC+9)
  • Upbit: 2018.6.20 (22:00,UTC+9)
  • Bithumb: 2018.6.21 (Time to be announced)

You can also use ICONex wallet from 2018.06.25(13:00,UTC+9) till 2018.09.25(13:00,UTC+9) for token swap.

The ICON team notices that all ICX deposits and withdrawals from the exchanges will be suspended until the token swap process of the exchanges are finished.