Cosmo Coin (COSM) has transitioned their blockchain from an Ethereum ERC20 token to a new Klaytn Compatible Token (KCT) on the Klaytn network, which is intended to improve speed, security, and scalability for their mainnet.
All COSM users will retain the balance of their COSM addresses, which will be migrated to the new blockchain. Users will need to generate new deposit addresses after the upgrade is complete.
Note: All ERC20-based COSM sent to Bittrex Global after the swap will not be recovered.
Users' COSM Bittrex Global exchange balance totals will reflect the same total that they had prior to the swap in a 1:1 manner. Once the swap is complete, all tokens from the old blockchain will no longer be supported or traded on Bittrex Global.
Bittrex Global will re-enable the Cosmo Coin wallet when we deem the migration is satisfactory.
Note: Wallets will be closed for deposits and withdrawals at 11:00 PM UTC on 8/27/2019. If any COSM deposits you had sent to Bittrex Global are not settled by then (marked as pending), you may not be credited with COSM.
Trading will continue as normal during this time.
We would like to thank the Cosmochain team for working closely with us.