How to choose a crypto-currency trading? With a deposit to start trading? and many other issues will be covered in this topic.
How did you come to the choice of crypto-currency trading? With a deposit you get started?
Information for holders of MOJO.Livecoin has agreed to host a coin swap between what we are calling V1MOJO and V2MOJO at this time. The process will go something like this:
1. We will set a date - provisional date: 20/06/2016 (should be 3 weeks from now, final date will be announced end of this week) so that all users are registered at Livecoin and can deposit their V1MOJO.
2. After this date deposits and withdrawals of V1MOJO will be closed.
3. We then take tally of the total amount of V1MOJO on Livecoin to be exchanged.
4. During the V1MOJO 'maintenance' period Livecoin will set up the V2MOJO trading wallet.
5. We then transfer the V2MOJO balance to Livecoin for the swap.
6. Once Livecoin has the V2MOJO wallet running and the coins are transferred, the old V1MOJO wallet will be deleted and they will open deposit/withdrawal of V2MOJO. All coins are operated now in the new
V2 wallet.
7. Once the swap is complete we release the V2MOJO wallets and the source.
8. We will then burn V1MOJO and V2MOJO to provable burn addresses to balance out taking into account how many V1MOJO has been swapped. This may affect the masternode specs. but should not. We'll get back to this.
The good news is that during this process, Mojocoin clients WILL NOT be limited in exchange and trading operations at Livecoin. Trades will not interfere with the process of moving to the new blockchain. So, there is no downtime during the transfer process.
Obviously, the other exchanges that carry V1MOJO will be advised to stop trading and update during this period.
After the process, V1MOJO will be taken "off-line" in the sense that nodes will be taken down, block explorers updated. etc.
We will start announcing on all channels and Livecoin will start announcing as well as soon as we agree on the cut off date. We think that 2-3 weeks is enough. I will answer any questions about this, but I am off on a school half-term break between Monday - Thursday and will be "off-line".
MOJO will move on so don't worry...ED: (I always said that this was a long term thing so don't panic if there are no updates for a few days, we are working behind the scenes but we don't have a team of people to keep this and Twitter etc. updated all the time.)