OKX to support CQT token migration
In line with Covalent's official plan, OKX will support the CQT token migration to CXT at a 1:1 ratio according to the schedule below:
All pending CQT token orders will be canceled, and the CQT/USDT spot trading pair will be delisted at 10:00 am UTC on July 9, 2024.
CQT transfers, deposits, and withdrawals will be suspended at 11:00 am UTC on July 9, 2024.
An account snapshot and the subsequent token migration will take place at 12:00 pm UTC on July 9, 2024.
The snapshot will take place in both OKX funding and trading accounts. New token CXT deposits, withdrawals, and spot trading will open after token migration. The specific opening time for these services will be announced separately.Please note:
At the time of the snapshot, all the CQT tokens that are being withdrawn or not deposited successfully will not be included in the migration.
For CQT tokens in sub-account, once the migration is complete, the new CXT tokens will be sent to the main account.
Under 1 CQT holdings (open orders excluded) will not be included in the migration.
For more information, please see the official announcement from Covalent: https://www.covalenthq.com/blog/proposal-to-migrate-the-native-token-of-the-covalent-network-to-cxt/
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OKX team
July 9, 2024