Dear users,

 

AscendEX will offer support for BitTorrent (BTT) Chain’s launch of its mainnet and its plan to redenominate its token into smaller fractions with a ratio of 1:1,000. The BTT tokens prior to the change will be renamed “BTTOLD”. The new BTT tokens will still be called “BTT”. Please see below for details:

1.     AscendEX will temporarily suspend the margin lending service for the BTT/USDT pair at 3:00 p.m. UTC on Jan. 13, 2022.

2.     AscendEX will temporarily suspend the cash & margin trading services for the BTT/USDT pair , as well as the instant conversion function for the BTT at 2:00 p.m. UTC on Jan. 18, 2022. All the pending orders under the pair will be cancelled.

3. AscendEX will temporarily suspend the deposits and withdrawals of BTT at 2:00 p.m. UTC on Jan. 18, 2022.

4. AscendEX will issue the new BTT tokens at a ratio of 1:1,000 (i.e., 1 BTTOLD=1,000 BTT) based on users’ snapshots on their BTT holdings.

5.  AscendEX will resume the cash & margin trading services, as well as the instant conversion function for the BTT/USDT pair starting from 5:00 p.m. UTC on Jan. 18, 2022.

6. The BTTOLD (the old BTT token) is still a TRC-10 token, with the ID of 1002000; the new BTT tokens will be issued as a TRC20 token on the TRON mainnet, with the new contract address of: TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4

7. After the upgrade is completed, AscendEX will only support the deposit and withdrawal of the new BTT token under a new smart contract. The specific time for the availability of BTT deposits and withdrawals will be subject to the announcement.

Please read “Announcement on BTTC’s Mainnet Launch and Token Split” to learn more

Thank you for your continued support!

The AscendEX Team