CoinSpot Will Support the SONM (SNM) Redenomination Plan

SOMN (SNM) is completing a token swap and changing its denomination at a ratio of 10 : 1.

CoinSpot will facilitate the migration on behalf of all users holding SOMN (SNM) on the platform.

Each user will be credited 1 SOMN (SNM) per 10 SOMN (SNM) they hold in their CoinSpot wallet. This means that if the price of 1 SOMN (SNM) is $0.10, it will then become $1, assuming the price does not change.

Deposits and withdrawals will be halted at 8am AEDT

Trading will be halted at 2pm AEDT April 26
and will resume on April 30

Please ensure that you leave sufficient time for your
SOMN (SNM) transfers to be processed

For more information please refer to the updates provided by the SONM team:

https://sonm.medium.com/sonm-snm-token-upgrade-and-redenomination-plan-b2e2b825a755

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.