Dear CoinEx users,
CoinEx will support the DYDX (dYdX) token swap from ERC20 network to its mainnet, with a ratio of 1:1. The details are as follows：
DYDX Service
1. CoinEx will suspend the crypto loan service in the DYDX/USDT Margin market at 07:00 on May 31, 2024 (UTC).
2. The deposit and withdrawal services of DYDX-ERC20 will be terminated at 03:00 on Jun 5, 2024 (UTC).
3. Deposit and withdrawal services of DYDX-Mainnet will be opened after the upgraded network is stable, but we will NOT notify separately.
Notes
1. CoinEx will no longer support the deposit and withdrawal services for DYDX-ERC20. DYDX will NOT be credited to your account if you deposit DYDX-ERC20 after 03:00 on Jun 5, 2024 (UTC), so please confirm again before depositing.
2. Trading of DYDX on CoinEx will not be affected during this period.
3. Users who have DYDX (dYdX) crypto loans in the margin trading market should repay the loans in advance.
4. For more details, please refer to dYdX Chain documentation hub, Token Bridges
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final explanation of this announcement.
CoinEx Team
May 31, 2024