Flash News: OKX Announces Support for Velodrome Token Migration

DUBAI, United Arab Emirates, Sept. 18, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for September 18, 2023.

OKX Announces Support for Velodrome Token Migration

OKX today announced its support for the Velodrome token migration from V1 to V2. This migration will occur at a 1:1 ratio, ensuring the most seamless transition for Velodrome token holders. To learn more about Velodrome's migration from V1 to V2, click here.

As part of the migration process, Velodrome token deposits and withdrawals will be temporarily disabled starting at 06:00 UTC on September 18. Velodrome trading on OKX will not be affected during this period. After the token migration is complete, Velodrome token deposits and withdrawals will be re-enabled.

To learn more, read this site announcement.

For more information, please visit the Support Center.

For further information, please contact:

Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.

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