OKX to Support AGIX Token Migration to FET

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The digital asset landscape continues to evolve, and with it, the need for seamless token migrations becomes increasingly important. In alignment with the official roadmap of SingularityNET (AGIX), OKX will support the upcoming token migration from AGIX to Fetch.ai (FET). This strategic move reflects broader industry consolidation and technological integration within the AI and blockchain ecosystems.

This article outlines the complete timeline, key requirements, and essential details users must know to ensure a smooth transition. Whether you're a long-term holder or an active trader, understanding this migration process is crucial to safeguarding your digital assets.

Migration Overview: AGIX to FET

OKX will facilitate the conversion of AGIX tokens to FET at a fixed ratio of 1 AGIX : 0.43335 FET. This exchange rate is set by the project team and will be applied uniformly across all eligible accounts during the snapshot phase.

The migration is part of a larger initiative by the Artificial Superintelligence (ASI) Alliance—comprising SingularityNET, Fetch.ai, and Ocean Protocol—to unify their ecosystems under a single utility token, enhancing scalability, interoperability, and governance efficiency.

👉 Learn how cross-chain migrations are shaping the future of decentralized finance.

Key Migration Timeline

To ensure accuracy and security, OKX has established a clear schedule for the migration process. All actions are based on Indonesian Western Time (WIB).

1. Trading Suspension

⚠️ Important: Do not place new trades or limit orders after this point, as they will not be executed.

2. Deposit and Withdrawal Halt

🔒 Note: Any AGIX transferred after this time will not be credited to your account before the snapshot and may not be eligible for migration.

3. Account Snapshot and Token Conversion

This snapshot determines the final AGIX holdings eligible for conversion into FET.

✅ Balances in both main and sub-accounts will be included in the calculation.

Important Notes for Users

Understanding the nuances of this migration can prevent avoidable losses or confusion. Below are critical points every user should review:

📌 Snapshot Inclusion Criteria

Only AGIX tokens successfully deposited and available in your OKX account at the time of the snapshot (23:00 WIB) will be migrated. Transactions in transit or failed deposits will not qualify.

📌 Sub-Account Handling

If you hold AGIX in sub-accounts:

Ensure you have access to your main account to manage the new FET holdings post-migration.

📌 Minimum Balance Requirement

Users holding less than 1 AGIX (excluding open orders) will not be included in the migration process.

This threshold is implemented to minimize network congestion and gas inefficiencies during large-scale conversions.

Frequently Asked Questions (FAQ)

Q: What happens to my open AGIX orders after trading is suspended?
A: All open orders will be automatically canceled at 15:00 WIB on July 1, 2024. Any funds tied up in these orders will be returned to your account in their original form (e.g., USDT or USDC).

Q: Can I still deposit AGIX after July 1, 2024?
A: No. Deposits will be disabled at 17:00 WIB on July 1, 2024. Any tokens sent after this time may not be processed in time for the snapshot and could result in loss of eligibility.

Q: When will I receive my FET tokens?
A: FET distribution will begin shortly after the snapshot concludes. While exact timing may vary slightly due to backend processing, users can expect to see FET in their accounts within 24–48 hours post-snapshot.

Q: Is there a fee for the migration?
A: No. The conversion from AGIX to FET on OKX is completely free. There are no handling fees, network charges, or service costs associated with this process.

Q: Will AGIX continue to exist as a separate token after migration?
A: Yes, but its role will be significantly reduced. Post-migration, AGIX will transition into a governance-only token within the ASI Alliance ecosystem, while FET becomes the primary utility token for cross-platform operations.

Q: How do I check my AGIX balance before the snapshot?
A: Log in to your OKX account and navigate to your Assets page. Make sure to check both your funding and trading accounts, as well as any sub-accounts linked to your profile.

👉 Access real-time balance tracking tools to monitor your holdings before major network events.

Core Keywords Integration

Throughout this update, we've naturally incorporated key SEO terms relevant to user search intent:

These keywords help users discover accurate, timely information about the transition while maintaining readability and clarity.

Risk Disclaimer

The information provided here is intended solely for educational and informational purposes. It is derived from third-party project announcements and does not constitute financial advice, investment recommendations, or an endorsement by OKX.

Digital assets are highly speculative and subject to extreme price volatility. Liquidity may vary, and investors risk losing their entire capital. Always conduct independent research and assess your risk tolerance before engaging in any crypto-related activity.

OKX assumes no liability for losses arising from trading or holding digital assets. For full details on our policies and compliance framework, please refer to our official documentation.

Need Help?

If you have questions or encounter issues during the migration process:

Being proactive ensures you stay ahead of critical deadlines and protect your investments during major blockchain upgrades.

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