According to the official plan of Phala Network, OKX TR will facilitate the migration of PHA (Khala) tokens to PHA (ERC20) based on the following timeline:
Key Dates for PHA Migration
Deposit/Withdrawal Suspension:
- PHA (Khala) deposits and withdrawals will pause at 6:00 am UTC on January 8, 2025.
Migration Window:
- The migration process will occur from 6:00 am UTC on January 8, 2025, to 6:00 am UTC on January 11, 2025.
- Delays may occur due to coordination with external teams, though OKX TR aims to complete the process promptly.
Trading Continuity:
- PHA trading pairs will remain active throughout the migration.
Post-Migration Updates
- After completion, OKX TR will reopen deposits/withdrawals only for PHA (ERC20).
- Note: Deposits of PHA (Khala) will no longer be accepted. Users must ensure they deposit the correct token type (ERC20) to avoid loss.
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FAQs
Q1: Will my PHA tokens be automatically converted?
A: Yes, OKX TR will handle the migration process. No manual action is required from users.
Q2: Can I trade PHA during the migration?
A: Yes, trading will function normally. Only deposits/withdrawals are temporarily suspended.
Q3: What happens if I accidentally deposit PHA (Khala) post-migration?
A: These deposits will not be credited. Always verify the token standard (ERC20) before depositing.
Q4: Where can I get support?
A: Contact OKX TR’s support center or engage via their community platforms.
Risk Disclosure
Digital assets involve high volatility and risk. OKX TR does not guarantee investment outcomes, and users should independently assess risks. For details, review the Terms of Service and Risk Disclosure.
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Last Updated: January 7, 2025