Crypto News

BuyUcoin Will Support the Polymath (POLY) Mainnet Swap and Rebranding Plan to Polymesh (POLYX)

BuyUcoin Will Support the Polymath (POLY) Mainnet Swap and Rebranding Plan to Polymesh (POLYX)
© Copyright Image: BuyUcoin Blog

Namaste Users,

BuyUcoin will support the Polymath (POLY) mainnet swap and rebranding plan to Polymesh (POLYX).

Timeline:

  • The update started on 29th September 2022
  • At 2022-10-19 15:00 (IST), BuUcoin will suspend the POLY/INR EZ Pair.
  • At 2022-10-10 15:00 (IST), BuyUcoin will delist all existing POLY EZ trading pairs (POLY/INR) and cancel all pending POLY EZ trade orders.
  • At 2022-10-19 15:00 (IST), deposits and withdrawals of POLY will be suspended. Please ensure that you leave sufficient time for your POLY deposits to be fully processed prior to this time.
  • At 2022-10-19 16:00 (IST), trading will open for POLYX/INR EZ trading pairs. BuyUcoin will also add POLYX to the list of supported cryptocurrencies on the BuyUcoin platform.

Details of Token Swap:

  • BuyUcoin will recover all POLY balances, and begin the distribution of POLYX to all eligible users at a ratio of 1 POLY = 1 POLYX before EZ trading for POLYX/INR gets open.
  • BuyUcoin will make a separate announcement after the mainnet swap is complete to notify users when deposits and withdrawals of POLYX will be opened.
  • Polymesh (POLYX) asset information on the Polymesh Mainnet:
    https://polymesh.subscan.io/assets

For further information, please refer:

Thanks for your support!

BuyUcoin Team

BuyUcoin reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and BuyUcoin is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Read more: https://blog.buyucoin.com/press-release/buyucoin-will-support-the-polymath-poly-mainnet-swap-and-rebranding-plan-to-polymesh-polyx/

Text source: BuyUcoin Blog

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories