What happens if WeMix is migrated to gate Io?

In response to the migration, Gate.io will stop the deposit and withdrawal services of Wemix and swap tokens for users before October 26, 2022, 4:00am UTC. If your Wemix tokens are currently on Gate.io, you don’t need to do anything in particular. During this migration, the trading of Wemix will not be affected.

What is WeMix$?

WEMIX$ is a new type of stablecoin with 100% USDC collateralization, stimulating the flow of value within the platform-driven, service-oriented WEMIX mega-ecosystem. As a stablecoin that compliments WEMIX Coin, WEMIX$ functions as a store of value, unit of account, and medium of exchange.

What drives WeMix price action?

As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for WEMIX as well. Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more.

What happens if I migrate my WeMix tokens?

If your Wemix tokens are currently on Gate.io, you don’t need to do anything in particular. During this migration, the trading of Wemix will not be affected. Note: The deposit of old Wemix token will no longer be available on Gate.io after October 26, 2022, 4:00am UTC.