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Updates on the delisting of token withdrawal services, and the announcement of the conversion of YFII and SRM to USDT

April 10, 2024
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8V Crypto Academy » Updates on the delisting of token withdrawal services, and the announcement of the conversion of YFII and SRM to USDT

Updates on the delisting of token withdrawal services, and the announcement of the conversion of YFII and SRM to USDT

April 10, 2024
in Announcements
Reading Time: 2 mins read
A A

Dear 8V users:

8V will convert the following token balances into equivalent USDT based on the user’s holdings in the 8V wallet at 11:00 (Hong Kong time) on April 11, 2024, the snapshot time. 8V will convert the following token balances in the user’s wallet into equivalent USDT before 11:00 on October 21, 2024 (Hong Kong time).

After 11:00 on April 11, 2024 (Hong Kong time), 8V will no longer support the withdrawal business of the following airdrop tokens/delisted tokens. Users can withdraw money before this time.

Affected currencies:

• DFI.Money (YFII)
• Serum (SRM)

About exchange
The exchange will be based on the average exchange rate of the token against USDT during the period from 11:00 on April 11, 2024 to 11:00 on October 21, 2024 (Hong Kong time) (hereinafter referred to as the “Exchange Period”). Please note: 8V will update this announcement after completing the above-mentioned token exchange for USDT.

Note:

• 8V will no longer support the recharge service of the above tokens, and the recharge of the above tokens will not be credited to the 8V wallet;

• Subject to network conditions and margin permitting, users can withdraw the above tokens before 11:00 on April 11, 2024 (Hong Kong time). Thereafter, the withdrawal business of the above tokens will no longer be supported. At that time, users will not be able to transfer the remaining related tokens from the 8V account to other external wallets;

• 8V will complete the conversion of the above token balance in the wallet to USDT before 11:00 on October 21, 2024 (Hong Kong time). During the redemption period, users will not be able to view the above-mentioned token balance in the 8V wallet.

Thank you for your support!

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