You may remember I Interviewed a member of the Hedge Token team back in January, He reached out to me pretty early this morning in an effort to inform as many Hedge token holders as possible of the changes taking place.
So here’s what you need to know:
If you hold your HDG on any exchange, you should move them to an ERC20 compatible wallet that gives you control of the private keys. Think MyEtherWallet, Mycrypto.com, Mist, or metamask.
Hedge is going to begin a rebranding phase and with this includes new tokens that will be used on the Hedge trading platform. These new tokens will be distributed via airdrops. To make things go smoothly for yourself and the Hedge team, it is best if you move your tokens onto a wallet like those I listed earlier.
This matter is especially time sensitive if you hold your tokens on any exchange.
In accordance with the new ICO compliance guidelines set out by FINMA:
Exchanges will be freezing the depositing and trading of HDG today, Thursday, February 22 and on Friday February 23 HDG tokens will not be able to be withdrawn from exchanges and the tokens will be delisted.
So I’ll say again, if you have any HDG tokens on any exchange, take them off now and put them into an ERC20 compatible wallet that gives you control of the private keys.
The airdrop will occur once the platform goes live in April and you will receive your new HDG tokens then.
You will have an indefinite amount of time to redeem your tokens if for some reason you come across issues during the airdrop period.
If you’ve got any questions or concerns, I’ll include links to all official channels of communication for Hedge down below.
Additional Reading/Sources:
Official Channels for Communication
Telegram
Medium
Twitter
Facebook
Linkedin
Announcement on Rebranding
Announcement on Delisting