How to do Zilliqa Token Swap on Bitbns

BNS
Bitbns
Published in
2 min readJan 31, 2019

Hey Traders,

As per the announcement on its official Twitter handle, Zilliqa, a secure, scalable, high-performance blockchain platform, will launch its main network (mainnet) on Thursday, 31 January 2019. This bootstrapping phase will follow till the end of June 2019, however you should note that no transactions will be processed during that period. Besides, token swap starts from late Q1 to Q2.

As of now, there are no actions required from exchanges, wallets, and token holders.

Bitbns is wholeheartedly supporting Zilliqa’s mainnet launch. You can deposit your ERC20 ZIL tokens for Token Swap. Rest assured, you can get the mainnet token as per the ratio defined by the Zilliqa network.

Zilliqa Token Swap

Official Zilliqa Swap Timeline: Token Swap starts from late Q1 to Q2

If you are holding ERC20 ZIL on Bitbns, you will receive the tokens. The token swap will be taken care by the Bitbns team.

Just follow these simple steps to get your token swapped by Bitbns.

  1. Deposit your ERC20 ZIL token on Bitbns wallet. (Once you are done with this step, you don’t need to worry about the swap)
  2. If you are a long term HOLDer you can put it on lending and earn interest
  3. Keep calm and trade. You can trade ZIL like you always do post that.
  4. You can also margin borrow ZIL

Note

  1. ZIL deposits and withdrawals would be paused during the token swap is process. Currently all ZIL deposits and withdrawals are working seamlessly.
  2. Join our Telegram channel to receive updates related to Zilliqa Token Swap

With Love

Bitbns

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BNS
Bitbns

Official Medium Account of Bitbns — Fastest and easiest way to trade cryptocurrency in India. https://bitbns.com/