THELOGICALINDIAN - After assorted delays the ICON ICX badge bandy is about aloft us Heres aggregate you charge to apperceive afore the belvedere switches out its ERC20 ICX tokens for mainnet ICX tokens
In the advancing days, ERC20 ICX tokens will be swapped out for mainnet ICX coins. The barter amount will be called to a arrangement of 1:1, and mainnet ICX bill will not be astern convertible into ERC20 tokens.
As of the time of this writing, alone Binance, Upbit, and Bithumb are acknowledging the ICX badge swap.
ERC20 ICX tokens can be deposited into Binance until June 20, 09:00, UTC 9.
Likewise, ERC20 ICX tokens can be deposited into Upbit until June 20, 22:00, UTC 9.
Bithumb has yet to advertise a specific borderline for ERC20 ICX deposits, but an official advertisement is accepted soon.
Of course, ICON’s own built-in wallet, ICONex, will abutment the badge bandy from June 25, 13:00, UTC 9 until September 25, 13:00, UTC 9 — accouterment abounding time for absorbed badge holders to bandy for mainnet coins.
The ICON aggregation has additionally reminded absorbed individuals that, “as of June 18th, alone Binance, Upbit, and Bithumb are the official exchanges that accept agreed with ICON for the badge bandy support,” so users should exercise attention with added exchanges claiming they abutment the swap. Furthermore:
Those relying on accommodating exchanges to do the abundant appropriation for them charge alone drop their ERC20 tokens in time and wait, as Binance, Upbit and Bithumb will do all of the behind-the-scenes bedraggled work. During this time, all ICX deposits and withdrawals from the exchanges will be abeyant until the badge bandy action is finished.
Those application ICONex will accept to chase a few simple steps. As provided by the ICON team:
It’s additionally important to agenda that alone accommodating exchanges will acquiesce for the trading of mainnet ICX coins. Furthermore, those adulatory to anon barter their mainnet ICX bill should advance Binance, Upbit or Bithumb for the badge swap.
Finally, as is consistently the case back a cryptocurrency action is administering a badge swap, users should be alert of scams. Back in doubt, acquaintance ICON anon to address apprehensive activity.
What do you anticipate about ICON and the accessible badge swap? Let us apperceive in the comments below!
Images address of Shutterstock, Twitter/@helloiconworld.
[Full Disclosure: The columnist of this commodity holds ICON (ICX).]
