Huobi Global will convert ERC-20 AAC tokens to mainnet AAC tokens automatically for holders.
Huobi Global will support AAC (Double-A Chain) mainnet switching, and the platform will automatically upgrade the AAC of the ERC20 chain to the AAC of the Double-A chain MainNet for users.
After the mainnet upgrade is completed, the deposit and withdrawal of the old chain AAC (ERC20 series tokens) will no longer be supported.
In order to better distinguish the old and new AAC tokens, after the upgrade, the old AAC tokens will be renamed as AACOLD (hereinafter AACOLD all represent the old AAC tokens), and the new token will be named AAC.
The specific arrangements are as follows:
The AACOLD order in the mining pool account has been cancelled, and the relevant assets have been returned to the currency account.
The deposit and withdrawal services of AACOLD will be closed at 10:00 (GMT+8) on April 18th.
At 11:00 (GMT+8) on April 18th, all spot trading pairs of AACOLD will be closed, and all pending orders of AACOLD (AACOLD/ BTC, AACOLD/USDT) will be cancelled.
After the trading pair is closed, a snapshot of the user’s AACOLD holdings will be taken at 00:00 (GMT+8) on April 19th, and the system will subsequently replace the AACOLD held by the user with AAC according to the ratio of [1 AACOLD = 10AAC].
The opening hours of AAC’s deposit, withdrawal and trading services will be announced separately, so stay tuned.
Users who hold AACOLD assets must cancel the order before the transaction is closed.
The system will automatically execute the order cancellation operation at the specified time node, and return the relevant assets to the currency account.
After closing the transaction, since the real-time price of AACOLD cannot be obtained through the market terminal, the AACOLD valuation will no longer be displayed (the total assets of the currency account do not include AACOLD ), and your actual assets will not be affected.
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
Huobi official website is here.
Please click "Introduction of Huobi", if you want to know the details and the company information of Huobi.
(Forex Broker)
Comment by Hans
April 24, 2024
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