Gate.io Announces Support for $SOULS Token Migration

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Gate.io Support for $SOULS Token Migration

Gate.io recently announced its support for the migration of $SOULS tokens following a hacking incident within The Unfettered project. The token swap will occur at a ratio of 1:1, with Gate.io providing swap services through a new ID. Users holding the token on the platform need not take any action as Gate.io will facilitate the process seamlessly.

Temporary Disruption of Services

Currently, Gate.io has temporarily disabled $SOULS token deposits and withdrawals until the migration is completed. The exchange platform will resume these services once the process concludes. While a specific timeline has not been disclosed, Gate.io is expected to make an official announcement via its website and social media channels. Despite these changes, users can continue trading activities on the platform without any interruptions.

Price Movement and Platform Overview

The price of $SOULS has experienced a 1.09% increase in the last 24 hours, with the token trading at $0.005936 at the time of writing. Established in 2013 and headquartered in George Town, Cayman Islands, Gate.io boasts a wide selection of over 800 cryptocurrencies and supports 23 fiat currencies through more than a thousand trading pairs. The platform is renowned for its speed, stability, safety, and reliability.

Recent Developments and Future Engagements

Noteworthy recent initiatives by Gate.io include the introduction of the Gate.io Affiliate Star program, offering customers the chance to win 5,000 USDT by participating in the affiliate program. Additionally, Gate.io will be participating in the Turkey Crypto and Blockchain Tour in Ankara, providing industry professionals with insights into the blockchain sphere alongside Gate Türkiye and blockchain expert Mete Ali Baskaya.

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Furthermore, Gate.io has launched auto-renewal for fixed-rate loans, simplifying the process of borrowing when the loan matures. The $SOULS tokens by The Unfettered Ecosystem are anticipated to be available for withdrawals and deposits on Gate.io soon, ensuring a smooth token swap experience for holders.

Seamless Transition and Support

Gate.io assures users that the migration process will be executed efficiently, with minimal impact on their trading activities. Any queries or concerns regarding the migration should be directed to the technical team at Gate.io to ensure a swift resolution.

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Chris Jones

Hey there! 👋 I'm Chris, 34 yo from Toronto (CA), I'm a journalist with a PhD in journalism and mass communication. For 5 years, I worked for some local publications as an envoy and reporter. Today, I work as 'content publisher' for InformOverload. 📰🌐 Passionate about global news, I cover a wide range of topics including technology, business, healthcare, sports, finance, and more. If you want to know more or interact with me, visit my social channels, or send me a message.
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