Mantra has issued an urgent alert to OM token holders regarding a critical error by the OKX exchange concerning the upcoming token migration. The exchange has mistakenly listed the migration dates as December 2225, while the actual migration is set to commence in mid-January. As pointed out in the source, it is important to note that this discrepancy could lead to significant confusion among investors.
Risk for OM Token Holders on OKX
This significant discrepancy poses a serious risk for users who hold OM tokens on OKX, as they may find their tokens untradeable for an extended period. Mantra's CEO has strongly advised OM holders to withdraw their tokens from OKX immediately to avoid a potential three-week gap during which trading will be impossible.
Concerns Over OKX's Communication
The warning comes in light of ongoing concerns about OKX's lack of communication with Mantra since April, particularly following a sharp decline in the price of OM tokens. In contrast, other exchanges have successfully managed the migration process, raising alarms that OKX's oversight could leave thousands of users stranded with outdated tokens.
Call to Action for OM Token Holders
Mantra's message is unequivocal: if you possess OM tokens on OKX, take action now to ensure a smooth transition as the migration date approaches.
Recently, an issue regarding API access has been reported, where users face an error related to incorrect API keys. This situation contrasts with the urgent alert issued by Mantra to OM token holders about the OKX exchange. For more details, see API error.
