To provide a better trading experience for Tokocrypto Customers, DOTDOWN is undergoing a redomination process, DOTDOWN will undergo a 100,000-for-1 reverse token split. You will experience a significant change in your balance but you will not be able to process sales transactions starting October 22, 2021 at 10.00 WIB for 24 hours.
Tokocrypto will suspend trading, subscription, and redemption of DOTDOWN tokens. All existing trade orders will be canceled. We will then take a snapshot of DOTDOWN balances in users’ accounts and begin the reverse token split of DOTDOWN tokens at a ratio of 100,000 DOTDOWN (before the reverse split) = 1 DOTDOWN (after the reverse split).
Redomination is the process that consolidates the existing number of issued tokens into a smaller number of proportionally more valuable tokens (simplifying the value of a currency to be smaller or larger without changing the exchange rate).
The 24 hour time is based on our best estimate and may vary. We will post further announcements to notify users when trading, subscriptions and exchanges will resume once the reverse token sharing is complete.
Salam to the Moon
Stay tuned for further information on all official Tokocrypto channels:
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