The digital asset ecosystem continues to evolve, and with it, token upgrades and migrations have become a regular part of the blockchain landscape. One such significant transition is the upcoming AGIX token migration to FET, and OKX is fully prepared to support this process in a seamless and secure manner.
This migration, driven by the SingularityNET (AGIX) and Fetch.ai (FET) convergence, marks a pivotal moment in the advancement of decentralized AI ecosystems. As these platforms merge their technologies and communities, users holding AGIX tokens will see them converted into FET tokens at a fixed ratio.
To ensure a smooth transition, OKX has outlined a clear timeline and set of procedures for users. Understanding these steps is essential for anyone holding AGIX on the platform.
Migration Overview and Timeline
OKX will support the official AGIX token migration to FET at a conversion rate of 1 AGIX = 0.43335 FET. This ratio has been determined by the project team and will be applied uniformly across all eligible holdings.
The migration will follow a structured schedule to minimize disruptions and ensure accuracy:
- 8:00 AM UTC, July 1, 2024:
All pending spot trading orders for AGIX will be automatically canceled. Trading pairs AGIX/USDT and AGIX/USDC will be suspended. - 10:00 AM UTC, July 1, 2024:
AGIX deposits, withdrawals, and internal transfers will be disabled across the platform. - 4:00 PM UTC, July 1, 2024:
A full account snapshot will be taken across both funding and trading accounts. This snapshot determines which balances are eligible for migration.
👉 Learn how to prepare for token migrations and secure your digital assets today.
After the snapshot, the migration process will begin, and eligible AGIX tokens will be converted into FET based on the official ratio.
Key User Guidelines
To ensure your tokens are included in the migration, it’s crucial to follow these important guidelines:
1. Snapshot Inclusion Criteria
Only AGIX tokens that are successfully deposited and settled in your OKX account by the snapshot time (4:00 PM UTC) will be counted. Any tokens in transit—whether pending deposits or withdrawals—will not be included.
2. Sub-Account Holdings
If you hold AGIX in sub-accounts, note that after migration, the resulting FET tokens will be credited directly to your main account. You can redistribute them afterward as needed.
3. Minimum Threshold
Users must hold at least 1 AGIX (excluding open orders) to qualify for migration. Balances below this threshold will not be processed.
What Happens After Migration?
Once the migration is complete:
- FET tokens will appear in your funding or trading account, depending on where your AGIX was held.
- Trading for FET pairs will resume once network stability is confirmed.
- Deposits and withdrawals for FET will also be re-enabled in due course.
Users are encouraged to monitor their accounts and the official OKX announcements for updates on post-migration availability.
Why Is This Migration Happening?
The AGIX-to-FET migration is part of a broader strategic merger between SingularityNET, Fetch.ai, and Ocean Protocol, forming a unified decentralized AI network known as the Artificial Intelligence Protocol (AIP). This convergence aims to combine powerful AI tools, decentralized machine learning, and data-sharing capabilities into a single interoperable ecosystem.
By consolidating their tokens into FET, the project reduces fragmentation and strengthens the utility of the new native token within the merged network.
Frequently Asked Questions (FAQ)
Q: What is the AGIX to FET conversion ratio?
A: The official conversion rate is 1 AGIX = 0.43335 FET. This ratio is fixed and applied uniformly during the migration.
Q: Do I need to take any action to migrate my tokens?
A: No action is required if your AGIX is already on OKX before the snapshot. OKX will handle the migration automatically for eligible users.
Q: Will I lose my tokens during this process?
A: No. Your AGIX will be securely converted into FET based on your snapshot balance. As long as you meet the eligibility criteria, your assets remain safe.
Q: Can I still trade AGIX after July 1?
A: AGIX trading will be suspended at 8:00 AM UTC on July 1, 2024. After migration, FET will be the active trading pair.
Q: What if I have less than 1 AGIX?
A: Holdings of less than 1 AGIX (excluding open orders) will not be included in the migration. Consider consolidating small balances before the snapshot if possible.
Q: When will FET trading resume?
A: FET spot trading and withdrawals will resume shortly after the migration is complete. OKX will announce exact timings via official channels.
Stay Informed and Secure Your Assets
Token migrations can seem complex, but platforms like OKX streamline the process to protect users and ensure continuity. Staying informed about deadlines and requirements is key to avoiding missed opportunities or unintended losses.
👉 Discover how OKX simplifies token upgrades and keeps your digital investments secure.
As blockchain ecosystems mature, such integrations will become more common—especially in high-growth sectors like decentralized AI, machine learning, and data monetization. Being proactive positions you to benefit from innovation without unnecessary risk.
Final Reminders
- Ensure your AGIX is deposited and settled before 4:00 PM UTC on July 1, 2024.
- Cancel any open AGIX orders ahead of the trading suspension.
- Verify that your holdings meet the minimum threshold.
- Monitor OKX announcements for updates on FET availability.
Risk Disclosure
The information provided here is for educational and informational purposes only. It may include details from third-party sources and does not constitute financial, investment, or legal advice. Digital assets are highly volatile and speculative—investors may lose their entire capital.
OKX does not guarantee the accuracy or completeness of any project-related information. Always conduct independent research and assess your risk tolerance before engaging in digital asset trading.
For full details, please review OKX’s Terms of Service and Risk & Compliance Disclosure.
For support, visit the OKX Help Center or connect with the community.
Core Keywords:
AGIX token migration, FET conversion, OKX token upgrade, decentralized AI ecosystem, blockchain token swap, SingularityNET Fetch.ai merger, crypto migration guide, digital asset transition
👉 Get ahead in the world of AI-driven blockchain with secure, seamless token management on OKX.