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OKX Ethereum Fog (ETF) Redemption Now Available

Published on Dec 20, 2017Updated on Apr 4, 20242 min read

Dear Valued Customers,

Ethereum Fog (ETF) is now available for redemption. You may redeem your ETF tokens under “Account” > “Balance” > “Spot Account” and select ETF redemption. All redeemed ETF tokens will be deposited directly into your OKX spot account.

Since Ethereum is an open-source platform that allows smart contract development, hundreds of ERC20 tokens have been generated since its inception. Once Ethereum (ETH) is forked, all ERC20 tokens will also be forked, and this may affect the stability of the Ethereum ecosystem. After a thorough assessment of the situation, OKX will not support ETH forked token trading at this moment.

OKX will not support ETF deposits and withdrawals until the ETF forked chain is stabilized and we have conducted a comprehensive review. Please stay tuned for our latest announcement.

As always, OKX will do all it takes to provide you with the best products and services.

OKX
20 December 2017