OKX Announces Support for Kaia (KLAY) Network’s Mainnet Upgrade

by insideout

DUBAI, United Arab Emirates, Aug. 30, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 29, 2024.

OKX Announces Support for Kaia (KLAY) Network’s Mainnet Upgrade

OKX today announced its support for the upcoming Kaia (KLAY) network mainnet upgrade. This upgrade represents a significant development for the Kaia blockchain ecosystem.

Key details of the upgrade process:

  • Suspension of Kaia (KLAY) token deposits and withdrawals starting August 29, 2024, at 00:30 am UTC
  • Services to resume once the upgraded network stabilizes, with no further announcement needed
  • No action required from Kaia (KLAY) token holders during the upgrade period

Important notes for OKX users:

  • Trading of Kaia (KLAY) tokens and related assets will continue uninterrupted during the upgrade
  • Users are advised to be aware of potential market volatility and adjust their trading strategies accordingly
  • For security reasons, users should refrain from initiating deposits or withdrawals of Kaia (KLAY) tokens during the upgrade period

OKX remains committed to supporting the growth and development of blockchain networks while ensuring a secure trading environment for its users. The exchange will continue to monitor the upgrade process and provide updates as necessary.

To learn more, visit OKX’s Support Center.

For further information, please contact:

Media@okx.com

About OKX

OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.

We want to create a future that makes our world more efficient, transparent and connected.

OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.

Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com

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