MIB Token Swap Guide (English)
※ You cannot participate in Token Swap with your MIB Coin that you acquired through Mining.
You can trade your Mined MIB Coin with Exchanges after their respective Token Swap process is completed. It is your responsibility to check whether the Exchange has completed Token Swap before you send any of your Mined MIB Coin to the Exchange. (Do not forget to check their notice!)
■ What is MIB MainNet Swap?
For many people who wanted to trade MIB when Official MIB MainNet and Official MIB Coin were still not released, MIB Team has distributed ERC20 MIB Tokens at the end of the Token Sale for them.
All the MIB that are traded at exchanges are ERC20 MIB Tokens(Coinbene, IDCM, Coinsuper, BTCC Korea).
MIB Team has released MIB MainNet in November of 2018, it was considered from operating MainNet for several months that its safety was secured, and the conversion process of ERC20 Tokens to MainNet MIB Coins began.
MIB Token Swap will be made on 1:1 ratio (1 MainNet MIB Coin per 1 ERC20 MIB Token). Users who have mined MIB Coin can trade at exchanges who have completed MIB Token Swap.
■ MIB Token Swap schedule
MIB MainNet Swap starts on 8th May.
Trading of MIB MainNet Coin will be available after each exchange completes conversion process from May 8.
Please check if the exchange of your choice has completed MIB MainNet Swap procedure before sending any MainNet MIB Coin.
In the case of sending MainNet MIB Coin to the exchanges that have not finished MIB MainNet Swap procedure, your funds can get lost.
■ How to MIB swap
MIB MainNet Swap will be conducted through DONOCLE website and exchanges that will hold the Swap procedure.
1. How to Swap MIB MainNet using crypto exchange
There will be no such procedures for your ERC20 MIB Tokens held in Exchanges, your ERC20 MIB Tokens in exchanges will be automatically converted to MIB MainNet Coin.
Each Exchange has different MIB Swap schedule.
Do not forget to check the notice of each Exchange regarding their MIB MainNet Swap schedule.
Support MIB MainNet Swap Exchanges
- CoinBene : www.coinbene.com
- BTCC KOREA : www.btcckorea.com/
- IDCM : www.idcm.io
2. How to swap MIB MainNet using DONOCLE Website
STEP 01. Register DONOCLE Website (lotto.donocle.io)
MIB MainNet Swap will be held in DONOCLE Website, therefore you need to be registered as the member of DONOCLE Website to participate in MIB MainNet Swap process.
STEP 02. Click MIB Swap menu
Click MIB Swap menu from DONOCLE website and read MIB Swap Guidance carefully.
STEP 03. MIB Token Deposit Menu
Click ‘Get MIB deposit address’ button from MIB Token Deposit menu to issue a deposit address for MIB Token(ERC-20).
STEP 04. Send MIB Token(ERC20)
Send your MIB Token(ERC-20) to your address for MIB Token(ERC-20) that is issued from STEP3.
STEP 05. See MIB Coin that completed Swap procedure
You can check your completed MIB Coin in ‘MIB Coin Wallet’ from ‘My MIB Swap history’ menu.
STEP 06. Create MIB Coin Wallet
MIB Coin Wallet is required to send your swapped MIB Coin to outside. Click on ‘Get MIB Deposit address’ button from ‘My Page > Deposit&Withdraw’ menu to create MIB Coin Wallet.
STEP 07. Send MIB COIN
MIB Coin Wallet is required to send your swapped MIB Coin to outside. Click on ‘Create Address
- You can withdraw Swapped MIB Coin from MIB Coin Withdraw menu.
- MIB Coin must be sent to MIB MainNet Wallet App or to an address that is created from the website, or to an exchange that supports MainNet MIB Coin.
- You need to authenticate email verification and Google OTP authentication to withdraw MIB MainNet Coin.