Crypto.com has announced its support for the token swap of Stratis (STRAX). As a result, deposits and withdrawals of the token will be disabled starting from March 20, 2024. The swap will take place on the Crypto.com app and exchange platform at different times, with app functionalities being disabled at 1:00 UTC and exchange functionalities at 2:00 UTC. Trading will be paused until further announcements from Crypto.com’s official channels.
It is important to note that the swap to a new token will occur at a later date, with holders receiving the new token in a 1:10 ratio. Deposits and withdrawals will resume on the StratisEVM Chain in the Exchange and App. Target Price Orders, Recurring Buys, and spot trading orders will be automatically terminated or canceled.
While specific criteria for eligibility are not mentioned, users registered on Crypto.com and actively participating on the platform are likely to be eligible for the token swap. Existing users may not need to take any action as the updates will be automatically rolled out to their accounts. In case of any issues or confusion, users are advised to contact Crypto.com’s support team at [email protected] New users can register on the exchange platform or mobile application.
Registered users can enjoy various perks, including a one-stop shop, low fees, and easy conversion. More information about these advantages and Crypto.com’s unique features can be found in our Crypto.com exchange review.
The announcement has had a positive impact on STRAX, with the token showing a slight decrease of 0.35% in the last 24 hours, currently priced at $1.68. Over the past seven days, it has seen a rise of 2.69%, and over the last 30 days, there has been an increase of 80.17%. While the price may experience fluctuations later this week, it is expected to recover any losses.
After listing Aevo on the platform, Crypto.com is now extending its support for STRAX token swaps. Users can conveniently purchase AEVO using more than 20 fiat currencies, including EUR, USD, and GBP. With support for over 250 cryptocurrencies, including ETH, BTC, and DOT, Crypto.com offers users the ability to spend their holdings at 80+ million merchants worldwide through the Crypto.com Visa Card.
Keep an eye out for the STRAX token swap on March 20, 2024, and wait for the official announcement before resuming deposits, withdrawals, and token trading.