According to the official plan from QUN, OKEx will support the token migration from QUN tokens to MON tokens at a 1:1 ratio as per the following details:
1. All pending orders for QUN tokens will be cancelled and QUN spot trading pairs QUN/USDT and QUN/BTC will be closed at 04:00 am UTC on August 12.
2. QUN transfers, deposits and withdrawals will be closed at 07:00 am UTC on August 13.
3. A snapshot and subsequent token migration will take place at 04:00 pm UTC on August 13.
The snapshot will take place in both funding and trading accounts for around 10 mins. MON deposits, withdrawals and spot trading will open after token migration. Users will be notified of the exact opening time in a later announcement.
Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
August 11, 2021 (UTC)