PocketBits will support the ongoing IOTA Token Migration as a part of the IOTA's protocol upgrade of the IOTA network with "Chrysalis".
All IOTA tokens will be migrated to the new address and encryption scheme introduced by the Chrysalis network update. Hence all tokens will be locked until completion of the migration and cannot be moved in the meantime.
The PocketBits Team will take care of all technicalities involved on behalf of the users that have IOTA with us.
User need to take note of the following:
- Withdrawals for IOTA are temporarily disabled for migration and would resumed once the upgraded network is deemed stable.
- Trading will NOT be affected during this time.
- An official announcement would be made once IOTA migration is completed and withdrawals are resumed.
For more information : CHRYSALIS TOKEN MIGRATION