Support For AION Token Swap

24 October 2018 in in Announcements

Bitfinex is pleased to announce full support for the upcoming AION MainNet Token Swap. As Aion (AION) transitions from Ethereum to their own chain, Bitfinex will manage all technical requirements for our users to ensure a smooth token migration.

All deposits and withdrawals of ERC20 AION will be paused as of Monday October 29th 2018, 10.00 AM UTC, at which point we will begin the Aion mainnet token swap. A notice will be made after completion, upon which users will be able to deposit and withdraw AION Coin. Bitfinex will not support the depositing of ERC20 AION following the completion of this swap. Trading markets will remain active throughout the duration of the token swap.

All users will receive AION Coin in equal proportion to their ERC20 AION holdings. The AION Coin is the native asset of the Aion blockchain (as outlined in the AION Whitepaper), used for critical network functionality and crypto-economic mechanisms. Please keep in mind that all ERC-20 AION tokens must be swapped for AION Coins. There will eventually be no utility for Ethereum-based AION token.

For further information or support pertaining to the Aion mainnet token swap, please visit support.bitfinex.com, contact [email protected] and refer to the official guide put together by the AION team.

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