HTX to Support ITC Mainnet Swap
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Dear HTX Users,
To support the ITC (IoT Chain) mainnet swap, HTX will be automatically converting ERC-20/Mainnet ITC tokens to Polygon ITC tokens for holders. Deposits and withdrawals for ERC-20/Mainnet ITC tokens will be disabled once the upgrade is completed.
To distinguish between new and old ITC tokens, the old ITC tokens will be renamed ITCOLD after the upgrade (hereinafter old ITC tokens will be referred to as ITCOLD), and new ITC tokens will be called “ITC”.
The detailed arrangement is as follows:
- Suspension of ITCOLD deposits and withdrawals at 02:00 (UTC) on Aug 29, 2022.
- Disabling of all ITCOLD spot trading pairs and cancellation of all pending ITCOLD orders (ITCOLD/USDT) will take place at 03:00 (UTC) on Aug 29, 2022.
- Snapshots of users' positions will be taken at 16:00 (UTC) on Aug 29, 2022, after all orders are canceled. Users' ITCOLD will be converted to ITC on a 1:10 basis.
- Resumption of deposits, withdrawals, and trading of ITC will be subsequently announced, please stay tuned.
Please Note:
- The system will cancel the ITCOLD orders at the specified time and return the assets involved to your Exchange account automatically, please cancel all pending orders before 03:00 (UTC) on Aug 29, 2022 to avoid any risk.
- The system will suspend the display of ITCOLD price once trading has been disabled. ITCOLD will be excluded from the calculation of users' total balance, and your actual holdings will not be affected.
- Given the high price volatility, trading digital assets carries a high level of risk. Please assess your risk appetite and risk management strategies before trading digital assets, and make prudent, informed decisions.
- Anything contained in any of HTX promotions, announcements, banners, or other publications (hereinafter referred to as "Promotion") is for information purposes only and should not be construed as trading advice or recommendations. HTX makes no representations or guarantees in respect of any Promotion, any activity on HTX conducted by users is carried out at their own risk. HTX shall not be liable for any losses users may incur from such activities.
HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.
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