OKX will facilitate the migration of ZBC tokens at a 1:10 ratio in alignment with Zebec Protocol's official plan. Below is the detailed schedule for this migration process:
Migration Timeline
Pending Order Cancellation:
- All pending ZBC token orders will be canceled.
- The ZBC/USDT spot trading pair will be delisted on April 8, 2024, at 09:00 (WIB).
Suspension of Transactions:
- ZBC transfers, deposits, and withdrawals will be suspended on April 8, 2024, at 17:00 (WIB).
Snapshot and Token Migration:
- Account snapshots will be taken at April 8, 2024, 23:00 (WIB).
- Subsequent token migration will follow.
Key Notes
- The snapshot will cover OKX funding and trading accounts.
- Deposits, withdrawals, and spot trading for the new ZBCN token will resume post-migration. Exact timelines will be announced separately.
Important Reminders
🔹 Exclusions:
- ZBC tokens withdrawn or failed deposits during the snapshot will not be migrated.
- Balances below 1 ZBC (excluding open orders) are ineligible.
🔹 Sub-Accounts:
- Migrated ZBCN tokens from sub-accounts will be credited to the main account.
FAQ
Q1: What happens if I miss the snapshot deadline?
A: Tokens not captured in the snapshot (e.g., mid-transfer) won’t qualify for migration.
Q2: When can I trade ZBCN after migration?
A: Trading resumes once OKX confirms completion. Follow official announcements for updates.
Q3: Why is the migration ratio 1:10?
A: This ratio aligns with Zebec Protocol’s tokenomics update to enhance scalability.
👉 Learn more about token migrations on OKX
Risk Disclosure
The information above, including third-party content, is for educational purposes only. OKX does not guarantee accuracy or endorse it as financial advice. Digital assets are speculative and volatile; assess risks independently before trading.
For further queries, contact OKX support via Live Chat or Twitter.
OKX Team
April 2, 2024