Tokenlon Bitcoin cross-chain gateway will stop serving individual investors on December 31
Decentralized exchange Tokenlon has announced adjustments to its Bitcoin cross-chain gateway service policy, ceasing services for individual investors. The imBTC redemption channel will be closed on December 31, 2023 at 23:59 (UTC+8) and will only be available for institutional clients in the future. It is reported that in order to help community users cross-chain BTC tokens to the Ethereum network, Tokenlon launched its Bitcoin cross-chain gateway service and imBTC (1:1 anchored to BTC) at the end of 2019, serving a total of 4,555 addresses and 127,509 transactions to date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
