CoinSpot will be supporting the BTC Standard Hashrate Token (BTCST) 1:10 Redenomination Plan
BTC Standard Hashrate Token (BTCST) is changing its denomination at a ratio of 1 : 10. CoinSpot will facilitate the migration on behalf of all users holding BTCST on the platform.
Each user will be credited 9 BTCST per 1 BTCST they hold in their CoinSpot wallet. The ratio provided for the re-denomination would be due to the original balance being removed to complete the change. This means that if the price of 1 BTCST is $400, it will then become $40, assuming the price does not change.
CoinSpot will suspend BTCST deposits and withdrawals at 1pm 15/03/21.
Trading will be halted at 6pm 15/03/21 and will resume on 19/03/21.
Please ensure that you leave sufficient time for your BTCST transfers to be processed.
For more information please refer to the updates provided by the BTCST team:
Need more help?
Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new
or start a conversation with us via Live Chat and our team will provide full instructions and advice.