To ensure the right of redemption for all users, the closing time of the Tokenlon Bitcoin cross-chain asset redemption channel has been extended until March 31, 2024, 15:59 (UTC). Please complete your asset redemption before the expiration date.
Due to the increasing costs on the blockchain network, the minimum redemption quantity for imBTC is 0.01 imBTC. For users who do not meet the minimum redemption threshold, based on their imBTC holdings, you can choose one of the following methods to handle your imBTC assets:
Solution 1
Our exchange service at https://tokenlon.im/instant facilitates imBTC-to-WBTC, ETH, or USDT trades. Trading fees for imBTC-related pairs will have a discount until March 31, 2024, at 15:59 (UTC).
Solution 2 (only for small balance holders)
A dedicated channel for managing small imBTC assets will be accessible. Interested users can initiate this process by contacting us at support@tokenlon.im.
Related announcement
Changes to Bitcoin Cross-Chain Gateway Services
If you have any problem, please do not hesitate to contact us at support@tokenlon.im.
We deeply appreciate your steadfast support.
The Tokenlon Team
Dec 29, 2023