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Bitget Will Support the DeRace (DERC) Token Swap and Rebranding to zkRace (ZERC)

Bitget Will Support the DeRace (DERC) Token Swap and Rebranding to zkRace (ZERC)

Bitget Announcement2024/05/14 04:00
By:Bitget Announcement

Bitget will support the DeRace (DERC) token swap and rebranding to zkRace (ZERC). Details of the timeline are as follow: Deposit and withdrawal services of DERC will be suspended on 14 May 2024, 4:00 (UTC). On 14 May 2024, 7:00 (UTC), Bitget will delist the DERC/USDT spot trading pair and cancel al

Bitget will support the DeRace (DERC) token swap and rebranding to zkRace (ZERC).

Details of the timeline are as follow:

  • Deposit and withdrawal services of DERC will be suspended on 14 May 2024, 4:00 (UTC).

  • On 14 May 2024, 7:00 (UTC), Bitget will delist the DERC/USDT spot trading pair and cancel all pending spot trade orders.

  • DERC tokens will assume the ticker of ZERC on Bitget after rebranding (i.e., 1 DERC = 1 ZERC). 

  • Recover all DERC balances and begin the distribution of ZERC to all eligible users at a ratio of 1:1.

  • The new ZERC contract address is as follow:

Please note:

  • Bitget will no longer support deposits of DERC tokens after the token swap and rebranding.

  • We will inform users in a separate announcement when the deposit, withdrawal and trading services for ZERC are available, following the completion of the token swap and rebranding exercise.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

 

For more details, please refer to the following: 

Welcome to the New Era: zkRace Emerges from DeRace 

 

Disclaimer

Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.Thank you for supporting Bitget!

  

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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