Coinmerce has started the process of converting AGIX, OCEAN, and FET into ASI (Artificial Superintelligence Alliance). This process consists of two phases. In the first phase, OCEAN and AGIX tokens will be converted into FET tokens. This is expected to happen at an exchange rate of 1 AGIX for 0.433350 FET, and 1 OCEAN for 0.433226 FET. Currently, buying, selling, depositing, and withdrawing of OCEAN and AGIX have been disabled on our platform. The migration to FET tokens is expected to take until mid-July. If all tokens are converted or if the process takes longer, we will communicate this. In the meantime, Fetch (FET) remains able to trade and to withdraw.

In the second phase, which is expected to begin in mid-July, FET tokens will be converted into ASI tokens at an exchange rate of 1 FET for 1 ASI. Coinmerce will also facilitate this process. We do not expect this to impact the trading of FET on our platform. We will issue an announcement when changes will be made in this.

To recap:
- OCEAN and AGIX will be converted to FET and credited to our customers in phase 1.
- FET tokens will be converted to ASI in phase 2.
- Users do not need to take any action themselves.

The latest update from Fetch can be found on their own website.
If you have any questions, please contact support on our website or via our email address [email protected].