hello there, will CS be removed from IDEX on December 20th? cuz its moving to its mainnet right? the SWAP thing on kucoin ? sorry if Iam wrong CMIIW
and will it affect the CS trend?
Kucoin will swap CS token automatically while as credits will not become ERC20 asset again and that will be removed from idex. it will affect the credits trend caused by it is moving to its own blockchain.
i believe if that will give a positive impact to the price of cs in the future
So we just send out CS ERC20 token to kucoin and then we wait?
Maybe that would be the procedure as that's the usual way for token swap in an exchange.
There was an announcement by Kucoin
https://www.kucoin.com/news/en-kucoin-will-support-the-credits-cs-mainnet-token-swapand the official announcement
https://credits.com/en/Home/New_Ins/Credits_Blockchain_Mainnet_Swap.. you can read the full announcement from that link
This is the information you need form that link ,,
1) Instruction for an exchange token swap:
Credits holders transfer CS ERC20 tokens to the Kucoin exchange
Trading, depositing and withdrawing limited for 1 day
Swap happens on 20th December at 12:00 UTC
Trading, depositing and withdrawing recommence at 21st December at 12:00 UTC