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What happens if I don't transfer my Matriz tokens into Kucoin before the swap?

avatarFarhah NadhilahNov 24, 2021 · 3 years ago3 answers

What are the consequences if I fail to transfer my Matriz tokens into Kucoin before the swap?

What happens if I don't transfer my Matriz tokens into Kucoin before the swap?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    If you don't transfer your Matriz tokens into Kucoin before the swap, you may miss out on the benefits and features of the new token. The swap is usually done to upgrade the token or migrate it to a different blockchain. By not participating in the swap, you might not be able to access new functionalities, participate in token holder events, or receive airdrops or rewards associated with the new token.
  • avatarNov 24, 2021 · 3 years ago
    Not transferring your Matriz tokens into Kucoin before the swap could result in your tokens becoming obsolete or losing their value. The old tokens may no longer be supported or traded on exchanges, making them difficult to sell or convert. It's important to stay updated with token swap announcements and follow the recommended instructions to ensure a smooth transition and avoid any potential losses.
  • avatarNov 24, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, if you don't transfer your Matriz tokens into Kucoin before the swap, you won't be able to participate in the new token ecosystem. The swap is designed to improve the token's functionality and provide additional benefits to token holders. It's recommended to transfer your tokens before the swap deadline to avoid any inconvenience or missed opportunities.