OKX will facilitate the migration of LSK tokens from Layer 1 (L1) to Layer 2 (L2). Below is the detailed schedule and key information:
Migration Schedule
- Deposits & Withdrawals Suspension:
LSK deposits and withdrawals will be temporarily disabled starting 10:00 am UTC on May 20. - Trading Availability:
LSK trading pairs will remain active during the migration process.
Post-Migration Updates
- Deposits and withdrawals will resume once the migration is complete.
- Important Note: OKX will no longer accept LSK L1 deposits after the migration.
FAQs
1. Will my existing LSK tokens be affected during the migration?
No, your holdings will automatically transition to LSK L2. Ensure you comply with the suspension timeline for deposits/withdrawals.
2. Can I trade LSK while the migration occurs?
Yes, trading will continue uninterrupted. Only deposits and withdrawals are temporarily paused.
3. How long will the migration process take?
The exact duration depends on network conditions. OKX will notify users once LSK L2 services are fully operational.
4. What happens if I send LSK L1 tokens after migration?
These tokens will not be credited to your account. Always verify the network type before transacting.
👉 Stay updated on LSK migration progress
Risk Disclosure:
Digital asset investments carry inherent risks, including market volatility and potential loss of capital. Conduct independent research and assess your risk tolerance before trading. OKX disclaims liability for any trading losses.
For further assistance:
- Visit the OKX Support Center.
- Engage with the community via OKX platforms.
Last updated: May 2023
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