What happened to the ocean protocol?

The upcoming merge process involves a significant transformation for AGIX and OCEAN tokens. As part of this change, both tokens will undergo a conversion to FET tokens. This marks a pivotal moment for the respective communities and investors holding these digital assets.

To facilitate the smooth transition, the suspension of deposits and withdrawals for AGIX and OCEAN tokens has been scheduled. Beginning June 30, 2024, at precisely 7:00 a.m. UTC, all deposit and withdrawal activities related to these tokens will be temporarily halted.

This measure is necessary to ensure that the conversion process runs without any complications or disruptions. By pausing these services, the platform can focus on executing the conversion efficiently and accurately, safeguarding the interests of all users involved.

Alongside the suspension of deposits and withdrawals, the conversion and trading functionality for AGIX and OCEAN tokens will also come to an end. This means that users will no longer be able to trade these tokens on the platform once the specified date and time arrive.

Notably, BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of crypto enthusiasts. Among its offerings, BTCC provides spot trading, futures trading, and wallet services, catering to a diverse range of users and trading strategies. These services contribute to BTCC's reputation as a top-tier exchange in the industry.