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New COVER token distribution complete and COVER trading to resume on Jan. 12 at 12:00 pm UTC

Published on Jan 12, 20212 min read

Dear valued users,

The conversion and distribution of the new COVER token is complete. Old COVER tokens held by users at the time of the snapshot (at 10:30 am UTC on Dec. 31, 2020) has converted at a 1:1 ratio to new COVER token.

OKX will resume trading for COVER/USDT and COVER/ETH today at 12:00 pm UTC. The time for deposits and withdrawals will be announced soon.

For more details and information, please refer to the following: Announcement on OKX’s solution to the COVER incident

Regards,
OKX
Jan. 12, 2021

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