According to the official Klaytn migration plan, OKX will facilitate the 1:1 conversion of KLAY tokens to KAIA. Below is the detailed schedule and key considerations for users:
Migration Schedule
Trading Suspension
- Time: 8:00 AM – 10:00 AM UTC, October 28, 2024
Actions:
- All pending KLAY orders will be canceled.
- KLAY/USDT and KLAY/USDC spot trading pairs will be paused.
- Services like Convert, Copy Trading, and Trading Bots will be temporarily disabled.
Transfer/Deposit/Withdrawal Freeze
- Time: 10:00 AM UTC, October 28, 2024
Account Snapshot
- Time: 4:00 PM UTC, October 28, 2024
Crypto Migration Window
- Time: 10:00 AM UTC, October 29 – 10:00 AM UTC, October 30, 2024
- Note: Delays may occur due to coordination with external teams.
Post-Migration Updates
- KAIA deposits, withdrawals, and spot trading will commence post-migration. Opening times will be announced later.
Important Notes
✅ Snapshot Coverage: Includes KLAY in OKX funding/trading accounts. Excludes failed withdrawals or undeposited amounts.
✅ Sub-Accounts: Migrated KAIA will reflect in the main account.
✅ Minimum Holdings: Balances <1 KLAY (excluding open orders) won’t be migrated.
✅ Valuation Gap: KLAY valuation will be unavailable for 3–5 days during migration.
👉 Track your migration status here
FAQs
Q1: What happens if my KLAY is in transit during the snapshot?
A: Only successfully deposited KLAY will be included.
Q2: Will KAIA have the same market value as KLAY?
A: The 1:1 conversion maintains nominal value, but market prices may differ post-launch.
Q3: How can I confirm my migrated KAIA balance?
A: Check your main account under "Assets" after migration completes.
Risk Disclosure
Digital assets involve high volatility and risk. OKX does not guarantee outcomes—conduct independent research and assess risks before trading.
👉 Learn more about security measures
For assistance, contact OKX via the Support Center or Community Platforms.
Last Updated: October 24, 2024