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 10 BTCST per 1 BTCST they hold in their CoinSpot wallet. 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;