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CoinSavi Will Support the Token Merger of Dock (DOCK) and cheqd (CHEQ)
CoinSavi Will Support the Token Merger of Dock (DOCK) and cheqd (CHEQ)

CoinSavi Will Support the Token Merger of Dock (DOCK) and cheqd (CHEQ)

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Written by CoinSavi
Updated over a month ago

CoinSavi is pleased to announce our support for the token merger of Dock (DOCK) and cheqd (CHEQ). As part of this process, DOCK tokens will be converted to CHEQ tokens at a fixed exchange ratio of 18.5178 DOCK = 1 CHEQ.

Details:

  • Tokens Involved: DOCK and CHEQ

  • Exchange Ratio: 18.5178 DOCK = 1 CHEQ

  • Impact on Services:

    • The deposit service for DOCK will remain closed.

    • Withdrawal services and trading services for the DOCK/USDT and DOCK/BTC trading pairs will be closed.

    • Following the migration, DOCK will be delisted from CoinSavi.

Timeline:

  1. Migration Time:

    • Time: 11:00 AM, November 25, 2024 (UTC)

    • The DOCK deposit, withdrawal, and trading services will be closed at this time. A snapshot of DOCK balances will be taken, and the conversion process will begin.

  2. Delisting of DOCK:

    • DOCK tokens will be permanently delisted immediately after the migration is complete.

  3. Listing of CHEQ:

    • CoinSavi plans to list CHEQ tokens at the earliest possible date, subject to market conditions. Further announcements will be made regarding the listing timeline.

Important Notes:

  • No action is required from users for the migration. CoinSavi will handle the conversion process automatically.

  • Following the migration, users will find their CHEQ balance in their CoinSavi accounts, reflecting the exchange ratio.

  • Updates on the CHEQ listing will be shared as soon as they are available.

    If you have any questions or need assistance, please contact CoinSavi support.

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