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    Gate.io Supports MediBloc (MED & MEDX) Mainnet Swap

    Creation Time:2019-10-09 18:31:34 UTCRead:112907

    According to MediBloc, the MediBloc Mainnet is already live. Therefore, the Qtum based MED token (QRC20) and Ethereum based MEDX token will be swapped to Mainnet based on the following ratio:

    1MED (QRC20) = 0.5 Mainnet MED
    1MEDX (ERC20) = 0.5 Mainnet MED

    For more details, please check
    https://medium.com/medibloc/ann-schedule-for-medibloc-token-swap-latest-version-fc42e9a0f5f7

    All the MED token held by Gate.io users are Qtum based MED token (QRC20). Gate.io will close the MED and MEDX deposit/withdrawal and trading services by October 16, 2019. The orders from makers will be taken down to upgrade the Medibloc Mainnet. Users’ MED and MEDX asset will be transferred based on the following ratio:

    1 MED (QRC20) in user account will be transferred to 0.5 MED (Mainnet)
    1 MEDX (ERC20) in user account will be transferred to 0.5 MED (Mainnet)

    Please note that after the upgrade, there will be no MEDX Market. The MED Market will reopen after the upgrade. Going forward only Mainnet MED tokens can be traded on Gate.io where 1 Mainnet MED equals 2 MED (QRC20). As a result, the market price will witness volatilities.

    Please be informed that the market orders will be cleared and the historical transaction data will be preserved.

    The MediBloc Mainnet swap is being supported by MediBloc Offical. If you wish to swap the token on your own, please withdrawal your MED or MEDX token before October 16, 2019.


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    Gate.io
    Oct.10, 2019

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