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Coinsavi Will Support the Token Swap of PARSIQ (PRQ) to Reactive Network (REACT)
Coinsavi Will Support the Token Swap of PARSIQ (PRQ) to Reactive Network (REACT)

Coinsavi Will Support the Token Swap of PARSIQ (PRQ) to Reactive Network (REACT)

CoinSavi avatar
Written by CoinSavi
Updated this week

Dear Coinsavi Users,

Coinsavi will support the token swap of PARSIQ (PRQ) to Reactive Network (REACT). The PRQ to REACT token swap will automatically be completed for PRQ holders on Coinsavi.

The arrangements are as follows:

1. The deposit and withdrawal services for PRQ as well as the trading services for the PRQ/USDT trading pairs will be closed at 0:30:00 on February 19, 2025 (UTC).

2. To complete the swap, Coinsavi will take snapshots of users’ PRQ assets at 12:00:00 on February 19, 2025 (UTC). After the snapshot, we will convert the old PRQ tokens to the new REACT tokens at a ratio of 1:1 (1 old PRQ = 1 new REACT).

3. Deposit and withdrawal services of REACT tokens as well as the trading service for the REACT/USDT trading pairs will be opened after the swap is completed. We will notify users in a further announcement.

Please note:

1. Minimum holding for eligibility: 5 PRQ.

2. PRQ tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your balance.

3. After the deposit, withdrawal, and trading services for PRQ are closed, the PRQ token will NO longer be supported on Coinsavi. For users who deposit PRQ afterward, Coinsavi will NOT be able to cover users’ losses.

Best regards,

The Coinsavi Team

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