Token Swap Detailed Announcement

APIS Team
APISplatform
Published in
4 min readDec 4, 2019

Hello supporters,
this is APIS Team.

Here are the detailed schedules and methods of the APIS ERC20 Token swap. As informed previously, this swap will be conducted at a ratio of 100(APIS) : 1(APIX) and three methods; the Public Swap, APIS Platform Swap, and Exchange Swap.

For the information about APIX, our new APIS ERC20 Token, please refer to the following URL.

(https://medium.com/apisplatform/apix-the-new-erc20-token-of-apis-6b5a489f0aff)

[Public Swap]

This swap method can be conducted by individuals, using own Ethereum wallet. Available from 15:00 (UTC+8), December 5th, 2019.

Public Swap can be conducted on Ethereum-based personal wallet. Simply send [APIS ERC20 Token] to the specific address on this announcement. We will verify the request and process swap process. Please check whether APIX swap is processed using a custom token registration feature. Please send [APIS ERC20 Token] to the following Ethereum address.

The address to send [APIS ERC20 Token] for the token swap.

0x1890D36dBa26124487bd7Bc953CcCBf6dec1afEa

Please carefully check whether the address is correctly entered.

Please use Ethereum-based private wallet to conduct token swap. Do never transfer [APIS ERC20 Token] from all kind of services using shared wallet — including cryptocurrency exchanges, APIS Platform, token wallet applications. Also, we cannot provide swap service on sending APIS Mainnet Coin into the address cases and has possibilities of losing cryptocurrency. Please do not transfer APIS Mainnet Coin into the address.

  1. Create personal Ethereum wallet (MEW or Metamask)
  2. Transfer APIS ERC20 Token (ERC20 Token before swap, Ticker: APIS) to the described address
  3. Agents confirm swap request within 24 hours
  4. Swap will be completed at a ratio of 100(APIS) : 1(APIX)
  5. Add custom token to check whether the swap is completed

Must-read Cautions

  • Keep in mind to use private/personal Ethereum wallet to conduct swap. If don’t have, use swap service after creating new Ethereum wallet.
  • Do NEVER transfer APIS ERC20 Token from cryptocurrency exchange or APIS Platform to the swap address.
  • Do NEVER transfer APIS Mainnet Coin to the swap address.
  • Before conducting Public Swap, keep in mind you have enough Ethereum to use as token transfer fee in the personal Ethereum wallet.
  • Please do a double check before the token transfer whether the address is entered correctly.

(NEW) APIX ERC20 Token Information for Custom Token Add

Token Contract Address : 0xf51EBf9a26DbC02B13F8B3a9110dac47a4d62D78

Token Symbol : APIX

Decimal : 18

  • ‘Token contract address’ and ‘Token Swap deposit address’ is DIFFERENT. So don’t be confused.

[APIS Platform Swap]

APIS Platform Swap will begin on December 5th, 2019, and to use this method, it is necessary to have APIS Platform (apis.mn) account.

To conduct swap, sign in APIS Platform(apis.mn) and deposit APIS. Move to Withdrawal tab, correctly enter address to withdraw. Enter preferred amount of token and select ‘APIX ERC20 Token’ in the withdrawal selection.

Requested amount of APIS will be automatically displayed in 100 : 1 conversion ratioo, and will also be sent as a new APIX ERC20 Token. After the token swap time, ERC20 Token withdrawal on APIS Platform will only support APIX ERC20 Token format.

  1. Join APIS Platform
  2. Deposit APIS
  3. Enter address to withdraw (Ethereum address)
  4. Withdraw APIX ERC20 Token
  5. Automatically swapped in a 100(APIS) : 1(APIX) conversion ratio

Must-read Cautions

  • Swap 100 legacy APIS ERC20 Token into 1 new APIX ERC20 Token (100 : 1 ratio)
  • Do NEVER confuse APIS Mainnet Coin and APIX ERC20 Token on withdrawal
  • On APIS Platform. new accounts cannot withdraw cryptocurrency for 72 hours after the first deposit. Keep this in mind.

[Exchange Swap]

Exchange swap will be conducted with pre-arranged exchanges. To conduct Exchange Swap, pleased send APIS ERC20 Tokens into the designated exchanges and process swap following the exchange’s instruction. We will make follow-up announcement about the detailed schedule and steps.

Blockchain

APIS Official WebsiteAPIS PLATFORM(apis.mn)

TwitterTelegram(ENG) |Telegram(KOR) |Telegram(JPN)

--

--