OKX to Facilitate DORA Token Migration According to Dora Factory's Plan
Felix Pinkston Jun 25, 2024 13:47
OKX announces support for DORA token migration as per Dora Factory's official plan. Deposits and withdrawals are temporarily closed.
![OKX to Facilitate DORA Token Migration According to Dora Factory's Plan](https://image.blockchain.news:443/features/848D654B37EB4718C882823208A86157D7AE7A5446C2868EE80DC7E6340F42A0.jpg)
OKX has announced its support for the upcoming DORA token migration, in line with the official plan set forth by Dora Factory. This strategic move is aimed at ensuring a smooth transition for users holding DORA tokens.
Token Migration Schedule
According to the plan, OKX has temporarily closed deposits and withdrawals for DORA tokens. However, trading activities involving DORA will not be affected during this migration period. The exchange has assured users that deposits and withdrawals will resume once the migration is completed. It is crucial to note that OKX will no longer support deposits of the old DORA tokens post-migration.
Key Details for Users
Users are advised to be aware of the temporary suspension of DORA deposits and withdrawals. The exchange has emphasized the importance of not attempting to deposit old DORA tokens after the migration, as these will not be supported.
In a statement, OKX highlighted the inherent risks associated with digital asset trading, urging users to conduct thorough research and assess their risk tolerance before engaging in any trading activities. The exchange also noted that the information provided is for educational purposes and does not constitute financial advice.
Risk Warning and Compliance
OKX reiterated the speculative nature and high volatility of digital assets, cautioning that investments in such assets could result in significant losses. The exchange's risk disclosure advises users to carefully evaluate their investment strategies and seek professional advice if necessary.
For more information, users are encouraged to visit the official OKX announcement.
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