Hey there, Aion holders! We have a really good news to announce for each one of you who wants to seamlessly swap an old AION ERC20 token to Aion Coin, the native asset of the Aion blockchain.
As you already know the Aion Kilimanjaro mainnet release along with the launch of Aion mainnet coin happened on April 25th, 2018. And now the time has come for another important release of the Aion swap service, arranged jointly by Aion and Changelly team for or exchanging your AION ERC20 tokens on Ethereum to Aion Coin. The new transferring service is available via a dedicated webpage.
How to Swap your Aion ERC-20 token to Aion Coins?
1. First of all, install the Aion desktop wallet. Here you can find the Aion full guide for the wallet installation.
2. Go to aion.changelly.com and login/sign up (to do that you need only an email).
3. On the first step enter the amount of AION ERC20 token to swap. You will get exactly the same amount of new Aion Coin (except the scanty Gas swap cost to execute a smart contract). Read the Terms of Use and Privacy Policy, tick the box below and proceed to the next step.
4. Enter your Aion new mainnet address generated by the wallet from the step 1. Then enter AION ERC20 token refund address and click the next step.
5. Check the amount, the recipient wallet address and other information. Send your tokens to start the token swap.
6. Now send your AION ERC20 tokens to us and wait for around 5–10 minutes. Your transaction status is shown in your transaction history along with other transactions made on Changelly.
7. Wait for the swap. The swapping process itself takes around 5 seconds (the rest of the time is taken by the network) and consists of three stages:
- Getting confirmation
- Swapping Aion to mainnet
- Sending to your wallet
How does the swap process work?
When doing the swap you don’t do the exchange itself, hence no commission is charged for the procedure, other than the Ethereum gas cost for the transaction. In fact, you send us your AION ERC20 token, we burn it and fill up your wallet with the same amount of native AION coin. Changelly accepts tokens from any wallet that supports ERC20 such as Jaxx, Exodus or Myetherwallet, etc.
Pay attention that the swap window will be available between September and the end of November.
About Aion Coin
The Aion coin is the native asset of the Aion blockchain which is utilized for critical network functionality and its crypto-economic mechanisms namely: peer-to-peer transactions, utilization of computational resources, rewarding network operators and ultimately a critical security mechanism for inter-chain bridging and our consensus roadmap.
About Changelly
Changelly is the instant swap platform providing the ability to instantly and seamlessly exchange over 100 altcoins at the best market rate or buy them using a bank card. Operating since 2015, Changelly has attracted over 2M registered users from around the world. Currently, the service processes more than 15K transactions weekly with a monthly turnover of around 60K BTC.
Still got some questions about Aion? Feel free to ask Changelly support ninjas at support@changelly.com