Gate.io Supports Crypterium (CRPT) Migration to Choise (CHO)

According to the Crypterium (CRPT) project team, Crypterium (CRPT) tokens will be migrated to Choise (CHO) at a ratio of 1 CRPT : 1.05 CHO. Gate.io will support this migration and will provide seamless token swap services for users. If you currently hold Crypterium (CRPT) on Gate.io, no action is required on your part.

Details:

1. Gate.io will disable new margin borrowing and crypto loan services for Crypterium (CRPT) before September 1, 2024, 08:00 UTC.
2. Starting from September 2, 2024, 03:00 UTC, Gate.io will suspend the deposit, withdrawal, and trading services for Crypterium (CRPT), including CRPT_USDT and CRPT_ETH spot trading, quant grid trading, Simple Earn, liquidity mining, and margin trading.
3. Users with ongoing Crypterium (CRPT) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before September 2, 2024, 03:00 UTC.
4. Users with assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before September 2 2024, 03:00 UTC.
5. Users who have provided liquidity for Crypterium (CRPT) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before September 2, 2024, 03:00 UTC.
6. Users with outstanding Crypterium (CRPT) loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before September 2, 2024, 03:00 UTC.

Please note that after the migration is completed, the CHO market may experience significant volatility. Gate.io will no longer support Crypterium (CRPT). Users are strongly advised to be aware of the associated risks and exercise caution.

Official Source: https://x.com/ChoiseAi/status/1828071441146806763