OKX to Facilitate DORA Token Migration According to Dora Factory’s Plan

OKX
has
announced
its
support
for
the
upcoming
DORA
token
migration,
in
line
with
the
official
plan
set
forth
by
Dora
Factory.
This
strategic
move
is
aimed
at
ensuring
a
smooth
transition
for
users
holding
DORA
tokens.

Token
Migration
Schedule

According
to
the
plan,
OKX
has
temporarily
closed
deposits
and
withdrawals
for
DORA
tokens.
However,
trading
activities
involving
DORA
will
not
be
affected
during
this
migration
period.
The
exchange
has
assured
users
that
deposits
and
withdrawals
will
resume
once
the
migration
is
completed.
It
is
crucial
to
note
that
OKX
will
no
longer
support
deposits
of
the
old
DORA
tokens
post-migration.

Key
Details
for
Users

Users
are
advised
to
be
aware
of
the
temporary
suspension
of
DORA
deposits
and
withdrawals.
The
exchange
has
emphasized
the
importance
of
not
attempting
to
deposit
old
DORA
tokens
after
the
migration,
as
these
will
not
be
supported.

In
a
statement,
OKX
highlighted
the
inherent
risks
associated
with
digital
asset
trading,
urging
users
to
conduct
thorough
research
and
assess
their
risk
tolerance
before
engaging
in
any
trading
activities.
The
exchange
also
noted
that
the
information
provided
is
for
educational
purposes
and
does
not
constitute
financial
advice.

Risk
Warning
and
Compliance

OKX
reiterated
the
speculative
nature
and
high
volatility
of
digital
assets,
cautioning
that
investments
in
such
assets
could
result
in
significant
losses.
The
exchange’s
risk
disclosure
advises
users
to
carefully
evaluate
their
investment
strategies
and
seek
professional
advice
if
necessary.

For
more
information,
users
are
encouraged
to
visit
the

official
OKX
announcement.

Image
source:
Shutterstock