Dear OKX Users,
In accordance with the official Klaytn network upgrade plan, KLAY tokens will be migrated to KAIA at a 1:1 ratio. OKX fully supports this token migration with the following specific arrangements:
Migration Timeline
October 28, 4:00 PM - 6:00 PM (UTC+8)
- All KLAY pending orders will be canceled
- KLAY/USDT and KLAY/USDC trading pairs will be delisted
- Related services (Flash Swap, Copy Trading, Strategy Trading) will be temporarily suspended
October 28, 6:00 PM (UTC+8)
- KLAY deposits, withdrawals, and transfers will be disabled
October 29, 12:00 AM (UTC+8)
- Official KLAY account snapshot
October 29, 6:00 PM - October 30, 6:00 PM (UTC+8)
- KLAY token migration execution
Key Details
- Snapshot Coverage: Includes assets in both Funding and Trading Accounts
- Distribution: Post-migration, all KLAY holdings will be automatically converted to KAIA and deposited into your Funding Account
- KAIA Trading: New trading pairs and deposit/withdrawal services for KAIA will be announced separately
๐ Learn more about secure token migrations
Important Notes
- KLAY tokens in pending deposit/withdrawal status during snapshot will not be counted
- Sub-account KLAY balances will be migrated to the master account
- Minimum eligibility: 1 KLAY holding (excluding pending orders) required for migration
- Migration duration: 3-5 business days (KLAY valuation will be unavailable during this period)
- Post-migration: All KLAY will be converted to KAIA and removed from your asset list
Risk Disclosure
Cryptocurrencies represent innovative investment products with significant price volatility and inherent risks. We strongly advise:
- Conduct thorough research before investing
- Assess your risk tolerance objectively
- Make informed investment decisions
OKX remains committed to delivering exceptional products and premium services to all users.
FAQ: KLAY to KAIA Migration
Q: Will I lose my KLAY tokens during migration?
A: No. Your KLAY will be securely converted to KAIA at 1:1 ratio during the designated migration period.
Q: How long will the migration process take?
A: The conversion typically completes within 3-5 business days after the snapshot.
Q: Can I trade KLAY during the migration?
A: All KLAY trading services will be suspended starting October 28, 4:00 PM (UTC+8).
Q: Where will my KAIA tokens appear?
A: Converted KAIA will be deposited into your Funding Account automatically.
๐ Visit OKX support center for real-time updates
Q: What if I have KLAY in my sub-account?
A: Sub-account balances will be migrated to your master account's Funding Account.
Q: Is there a minimum amount required for migration?
A: Yes, you must hold โฅ1 KLAY (excluding pending orders) at snapshot time to qualify.
Last Updated: October 24, 2024
OKX Team