In order to facilitate the token swap for DECOIN DTEP, Bitrue has suspended deposits and withdrawals for this coin. Trading will remain open until February 28th and we encourage users to cancel any open orders that they may have on KNC pairs. Any remaining open orders on the 28th at 09:00 UTC will be cancelled automatically.
Bitrue will receive the updated DTEP tokens from the DTEP team and will swap them on behalf of our users. Users do not need to do anything extra to complete the swap. The amount of new tokens received by individual users will be according to the following formula:
Amount received = Amount of V1 DTEP owned at swap time / Total V1 DTEP held by Bitrue at swap time * Total V2 DTEP received by Bitrue in the swap.
When the swap has been completed we will restore all previous DTEP functions. At that time, please DO NOT deposit any old DTEP tokens to Bitrue as they will be irretrievably lost.
The contract address for the new DTEPtoken is: 0xdb9e0580b5370a05217aa99a6fab4088eab5074d
For further updates please follow our Twitter account at @BitrueOfficial