Bithumb to End Support for OCEAN and AGIX Token Trading Amid Token Swap

IconCryptoNewsTerminal Staff29 Jul, 2024

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Bithumb to End Support for OCEAN and AGIX Token Trading Amid Token Swap

Bithumb, a South Korean cryptocurrency exchange, has recently announced that it will be suspending deposits, withdrawals, and trading support for Ocean Protocol (OCEAN) and SingularityNET (AGIX) tokens. This move comes in response to the upcoming token swaps for both OCEAN and AGIX. The suspension will take effect on [date and time]. Users who hold OCEAN or AGIX tokens on Bithumb are advised to withdraw their tokens before the suspension takes effect. After the token swaps are completed, Bithumb plans to resume support for the new OCEAN and AGIX tokens. The token swaps for OCEAN and AGIX are expected to take place on [date and time]. The new OCEAN token will be based on the ERC-20 standard, while the new AGIX token will be based on the BEP-20 standard. The token swaps are being carried out to improve the liquidity and functionality of OCEAN and AGIX. The new tokens will also be more compatible with a wider range of wallets and exchanges.

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