According to the Kyber team, as part of the Kyber Network Crystal (KNC) token migration, BitZ will support the token swap and swap all the KNC tokens on BitZ for users. With the following timeline:
1,BitZ has suspended KNC deposit and withdrawal services;
2,Once the smart contract swap/upgrade is completed, we will notify users of the completion in a further announcement；
3,The legacy KNC will be swapped for the new KNC at the swap ratio of 1:1；
4,If your KNC tokens are on BitZ, you do not need to do anything in particular. If you want to get your KNC token migrated effortlessly to the new token on BitZ.
Please confirm the latest address when depositing or withdrawing. The new KNC token smart contract address: 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202. If you use the address before the upgrade to deposit, the assets cannot be retrieved. We apologize for the inconvenience caused to you during the suspension period!
Chinese community (Telegram) : https://t.me/bitzCN
The Community (Telegram) : https://t.me/bitzEN
BitZ Announcement: https://t.me/bitzn_news
BitZ one: https://t.me/bitzvietnamese
Risk reminder: Cryptocurrency asset is a kind of innovative investment product with volatile prices. BitZ serves as a neutral trading platform, established only for providing convenience for cryptocurrency enthusiasts trading cryptocurrencies, and assumes no liability or guarantee of or compensation for the investment value of coins. Please make a rational estimation of your investment ability and make prudent investment decisions.
Thank you for your support!
June 02, 2021