Bittrex Global is supporting SPIN Protocol (SPIN) as it transitions its blockchain from an Ethereum ERC20 token to a new Klaytn Compatible Token (KCT) on the Klaytn network. This is being done to improve speed, security, and scalability for their mainnet.
Existing SPIN users should note that they will retain the balance of their SPIN addresses, which will be migrated to the new blockchain. They will need to generate new deposit addresses after the upgrade is complete.
All ERC20-based SPIN sent to Bittrex Global after the swap will not be recovered.
Users’ SPIN 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 SPIN wallet when we deem the migration is satisfactory.
Please note that wallets will be closed for deposits and withdrawals at 3:00 PM PST on 11/14/2019 (11:00 PM UTC on 11/14/2019). If any SPIN deposits you had sent to Bittrex Global are not settled by then (marked as pending), you may not be credited with SPIN.
Trading will continue as normal during this time.
We would like to thank the SPIN Protocol team for working closely with us.