Iris Coleman
Aug 27, 2024 06:18
BitMEX will help the migration from MATIC to POL tokens on the Polygon community, delisting MATIC contracts and enabling zero community charges for withdrawals.
BitMEX has introduced vital adjustments for its customers in response to the upcoming Polygon community migration. Beginning September 4, 2024, the platform will help the brand new POL token, which is able to exchange MATIC because the native gasoline and staking token for Polygon’s Proof-of-Stake (PoS) chain, in response to a BitMEX Weblog.
Zero Withdrawal Charges for MATIC (ERC-20)
To facilitate this transition, BitMEX is enabling zero community charges for any MATIC (ERC-20) withdrawals efficient August 27, 2024. The platform urges present MATIC holders to withdraw their tokens from BitMEX wallets as quickly as doable to keep away from issues throughout the migration.
Delisting of MATIC Contracts
In preparation for the migration, BitMEX will delist all MATIC contracts, together with Spot, Perpetual, and Convert contracts, on September 3, 2024. This transfer goals to streamline the transition to POL tokens and decrease disruption for customers.
Assist for POL on Polygon
Following the migration on September 4, 2024, BitMEX will help the POL token on the Polygon community solely. The platform will now not help MATIC or POL tokens on the Ethereum (ERC-20) community. Moreover, BitMEX plans to record new contracts for the POL token, providing customers a seamless transition and continued buying and selling alternatives.
Steps for Customers
BitMEX has offered detailed directions for customers to navigate the migration course of. Customers are suggested to learn the total particulars on the implications of this migration and the mandatory steps on the BitMEX Weblog.
For any queries or further help, customers can contact BitMEX Assist by means of the platform’s official contact web page.
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