OKX to support XYM airdrop for XEM holders

OKX will support Symbol (XYM) airdrop for XEM (NEM) holders. Details are as follows:

Deposit and withdrawal

XEM deposits and withdrawals will be suspended at 08:00 am UTC on Jan. 14, 2021. Trading functions of XEM will not be affected.

Asset snapshot

We will take a snapshot of all XEM tokens held by OKX users at the XEM block height of 3,025,200 (approximate time: 11:07 am UTC on Jan. 14, 2021) to record users' XEM holdings. The exact time is subject to the XEM block production speed.

Distribution way

Distribution Ratio: We will distribute XYM tokens at a ratio of 1 XEM = 1 XYM

Notes:

1. XEM tokens that are pending deposit or withdrawal at the time of the snapshot will not count towards your XEM balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.

2. For the trading and listing of XYM on OKX, XYM will go through OKX's strict listing review process as any other coin/token. Supporting this airdrop does not guarantee the listing of XYM. The default position we have is no listing.

3. After the snapshot is completed, the deposit and withdrawal functions of XEM will be restored.

For further details, please refer to the official announcement and information on Symbol from NEM.

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