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Bitrue Will Support the Kaia (KLAY) Rebranding to Kaia (KAIA)

  • Updated

Dear Bitruers,

 

According to the official plan, Bitrue will support the Kaia (KLAY) Rebranding to Kaia (KAIA).

 

After the token swap is completed, we will make a separate announcement regarding the listing times for KAIA tokens in Spot trading, Futures, ETFs, and Earn products.

 

Please note:

 

  • Spot

  1. At 8:00 UTC on October 21, 2024, the spot trading pairs for KLAY/USDT will be closed, and any open orders will be automatically canceled.
  2. At 8:30 UTC on October 21, 2024, the deposits and withdrawals for KLAY will be closed. Please do not deposit KLAY tokens after this time, as they will not be credited to your account.
  3. The swap ratio is 1 KLAY = 1 KAIA.
  4. Users do not need to take any action during the swap period.

 

  • Futures

  1. At 6:00 UTC on October 21, 2024, the KLAY/USDT futures trading pairs will be closed. 

  2. If you have any open positions in the KLAY/USDT trading pairs, we recommend that you manually close your position before 6:00 UTC on October 21, 2024 to avoid any financial losses. Orders that are not closed before 6:00 UTC on October 21, 2024 will be liquidated at the market price.

 

  • ETFs

  1. At 6:00 UTC on October 21, 2024, the KLAY3L and KLAY3S leverage tokens will be closed. At that time any remaining tokens will be forcibly liquidated and the appropriate amount of USDT will be placed into the accounts of outstanding holders shortly afterwards.

 

  • Earn

  1. At 3:00 UTC on October 21, 2024, the KLAY Power Piggy product will be removed, and your principal and interest will be returned to your spot account. We recommend that users redeem their investments in advance.

 

 

For further updates please follow our X/Twitter account at @BitrueOfficial

 

 

Thanks for your support!

 

Find us on

Bitrue Official Telegram 

Bitrue Official X SPace

Bitrue Medium

 

Disclaimer: Bitrue reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You may lose some or all of your invested capital, and past performance is not indicative of future results. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice. For more information, see our Terms of Use and Privacy Policy.

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