At Extreme Investor Network, we pride ourselves on providing valuable insights into the world of cryptocurrency, blockchain, and more. Today, we are excited to share with you the latest news from OKX, a leading cryptocurrency exchange, regarding the migration of the ZK token to the new ZKJ token.
OKX has officially announced its support for the token renaming plan by Polyhedra, which will involve the seamless conversion of ZK tokens to ZKJ tokens at a 1:1 ratio. This move aims to streamline the process for all holders and ensure a smooth transition.
The migration process is scheduled to begin on June 14 at 8:00 AM (UTC). During this time, all existing ZK orders will be canceled, and the ZK/USDT spot trading pair will be delisted to facilitate the conversion. OKX is dedicated to providing detailed information to its users to ease the transition.
Once the swap is completed, users’ ZK token holdings will automatically be converted to ZKJ tokens. OKX will release the trading schedule for the newly renamed ZKJ token at a later date, keeping users informed and up-to-date on when they can start trading.
It is essential to note that investing in digital assets carries inherent risks. OKX has issued a risk warning, urging users to conduct their own research and assess their risk tolerance before engaging in trading activities. Users can find further details on terms of service and risk compliance on OKX’s official website.
Token migrations are a regular occurrence in the cryptocurrency industry as projects evolve and update their protocols. OKX’s support for the ZK to ZKJ migration showcases their commitment to providing a seamless experience for users. With the industry’s continued growth, we can expect more transitions like these, with exchanges like OKX playing a vital role in ensuring transparency and efficiency.
For more information on this token migration and other industry updates, visit the official OKX announcement page. Stay tuned to Extreme Investor Network for the latest insights and news on the world of cryptocurrency and blockchain.