CoinSpot Will Support the BTC Standard Hashrate Token (BTCST) Redenomination Plan

BTC Standard Hashrate (BTCST) is changing its denomination at a ratio of 1 : 10.

CoinSpot will facilitate the migration on behalf of all users holding BTC Standard Hashrate (BTCST) on the platform. 

CoinSpot will suspend BTC Standard Hashrate (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 BTC Standard Hashrate (BTCST) transfers to be processed.

Each user will be credited 9 BTC Standard Hashrate (BTCST) per 1 BTC Standard Hashrate (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.

For more information please refer to the updates provided by the BTCST team:
https://btcst.medium.com/btcst-to-implement-results-of-stp-4-1-10-redenomination-the-week-of-march-15-872c9ea3d5b7

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.