Migration Schedule and Process Overview
OKX will facilitate the 1:1 migration of KLAY to KAIA in alignment with Klaytn’s official plan. Below is the detailed timeline:
Key Dates and Actions
October 28, 2024 (UTC)
- 8:00–10:00 am: KLAY spot trading pairs (KLAY/USDT, KLAY/USDC) will be suspended. Pending orders will be canceled, and related services (Convert, Copy Trading, Trading Bots) will temporarily halt.
- 10:00 am: KLAY transfers, deposits, and withdrawals will be disabled.
- 4:00 pm: Account snapshot captures KLAY holdings across OKX funding and trading accounts.
October 29–30, 2024 (UTC)
- 10:00 am (October 29) to 10:00 am (October 30): Crypto migration occurs. OKX aims to complete the process within this window but may extend due to external coordination requirements.
Post-Migration
- KAIA deposits, withdrawals, and spot trading will open gradually. Exact timelines will follow in subsequent announcements.
Important Notes for Users
Snapshot and Migration Rules
Exclusions:
- KLAY in transit (pending withdrawals/deposits) during the snapshot.
- Balances below 1 KLAY (excluding open orders).
- Sub-Accounts: Migrated KAIA will consolidate into the main account.
- Valuation: KLAY holdings will be temporarily inaccessible (3–5 days) during migration. Post-conversion, only KAIA will reflect in your assets.
Risk and Compliance
👉 Risk Warning: Digital assets are speculative and volatile. OKX does not guarantee accuracy or suitability of third-party information provided herein. Conduct independent research and assess risks before trading.
For further details, review:
Frequently Asked Questions (FAQ)
Q1: What happens if my KLAY is in a sub-account?
A: After migration, KAIA will automatically transfer to your main OKX account.
Q2: Can I trade KLAY during the migration?
A: No. All KLAY trading and transfers will be suspended starting October 28, 2024, at 10:00 am UTC.
Q3: How long will the migration take?
A: The process typically completes within 3–5 days, but delays may occur due to external factors.
Q4: Where can I get updates post-migration?
A: Monitor OKX’s official announcements for KAIA service availability timelines.
Q5: Are there fees for the migration?
A: OKX has not disclosed migration fees. Refer to their support center for updates.
For assistance, contact OKX via the 👉 Support Center or their community platforms.
Last Updated: October 24, 2024
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