Changelly will burn your old Qtum out! Together with the Qtum community, we arranged a new service that helps you swap your ERC20 Qtum token to the new Qtum Ignition. The whole process takes a few clicks without any commissions or fees.
Lately, the Qtum ERC20 token has switched to the new mainnet by releasing new Qtum Ignition tokens. The new tokens locked in on October, 4. Prior to this date, all token holders must have deposited the ERC20 tokens to participating exchanges, such as Bittrex, and received Qtum Ignition afterwards. For all users who couldn’t do that in time, Changelly arranged a side-service to swap the ERC20 tokens that are no longer valid.
How to swap to the new Qtum?
What happens when swapping?
Technically, we don’t exchange the old Qtum and hence we don’t take any fees or additional commissions. The only exception is the network fee to include the transaction into the blockchain. Once you send us ERC20 Qtum, we simply burn it and reimburse your wallet the Qtum Ignition tokens. All this process takes 24 hours. Changelly accepts the tokens from any wallet supporting ERC20, such as Myetherwallet, Jaxx, Exodus, etc.
About Qtum Ignition
It is the first self-governing decentralized application platform on a proof-of-stake consensus. Qtum Ignition is based on the Bitcoin Core and utilizes smart contracts for building dApps. Often referred to as “Ethereum killer”, the project has been already attracted large and reputable investors from all over the world and become a founding member of the Trusted Internet of Things Alliance.