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CoinEx Will Support EFI and ENJ Token Merger and ENJ Mainnet Swap
CoinEx Announcement
Last update: 5 month(s) ago

Dear CoinEx users,

 

According to the official announcement, CoinEx will support the token merger of EFI (Efinity) and ENJ (Enjin Coin), and the conversion ratio is 1 EFI = 0.25 ENJ. ENJ will be migrated from ERC20 network to its mainnet with a 1:1 ratio. To ensure our user's asset security, deposit and withdrawal services of EFI and ENJ will be suspended for a designated period. The details are as follows:

 

EFI Services

1. CoinEx will suspend the deposit and withdrawal services of EFI at 03:00 on Nov 30, 2023 (UTC).

2. AMM fund in EFI/USDT trading pair will be refunded at 02:30 on Nov 30, 2023 (UTC).

3. EFI/USDT market will be delisted and ALL orders in this market will be canceled at 03:00 on Nov 30, 2023 (UTC).

 

ENJ Services

1. CoinEx will suspend the crypto loan service in ENJ/USDT Margin market at 07:00 on Nov 24, 2023 (UTC).

2. CoinEx will suspend the deposit and withdrawal services of ENJ at 03:00 on Nov 30, 2023 (UTC).

3. The resumption time of deposit, withdrawal and the crypto loan services for ENJ token will be announced separately.

 

Attention

1. All EFI tokens will be merged to the ENJ tokens, CoinEx will no longer support the deposit and withdrawal services for EFI and ENJ-ERC20 tokens, so please confirm again before depositing in case of unnecessary asset loss.

2. During the suspended period, all unexecuted EFI orders will be systematically closed, and related assets will be returned to your spot account.

3. Users who have ENJ (Enjin Coin) crypto loans in the margin trading market should repay the loans in advance. 

4. Trading services of ENJ on CoinEx will NOT be affected during this period.

5. For more token swap info, please refer to Get Ready to Welcome Enjin Blockchain!

 

Risk Reminder

Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.

 

CoinEx reserves the right of final interpretation of this announcement.

 

CoinEx Team

Nov 24, 2023

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