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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

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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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