Aion Token Swap

[windave]

Aion Token Bridge and Swap — Live

We are excited to let you know that as of today, we’ve launched the Ethereum to Aion Token Transfer Bridge. This bridge will enable AION ERC-20 Tokens holders to seamlessly and atomically transfer their AION ERC-20 Tokens on Ethereum to AION Coins on the Aion Blockchain.

The Aion Token Transfer Bridge is a trustless mechanism that will collect, verify and transmit events from Ethereum to the Aion Blockchain. To facilitate the token swap, the bridge is set up to listen for burn events on the Aion ERC-20 contract, validate their finality, and then transmit the data from this event to trigger a transfer of AION Coins on the Aion Blockchain. This mechanism is facilitated by a cluster of nodes, running Ethereum and Aion nodes in parallel. In short, this means you can seamlessly swap your AION ERC-20 Tokens to AION Coins without any central counterparty.

We are also excited to be announcing today that the Aion Token Swap is now live. As discussed in a previous post, the Aion Token Swap will facilitate the swapping from the AION ERC-20 Tokens to the AION Coin. The AION coin is the native asset of the Aion blockchain (as outlined in our Whitepaper), which is utilized for critical network functionality and our crypto-economic mechanisms, namely: peer-to-peer transactions, utilization of computational resources and rewarding network operators. The Coin also acts as a critical security mechanism for inter-chain bridging and our consensus roadmap.

To complete your token swap, read through our Token Swap Overview Guide here https://docs.aion.network/v1.1/docs/swap-overview to find your preferred method. As always, stay alert for phishing sites and always check for valid SSL certificates. The Bridge UI, or third party exchanges will never ask for private keys. If you have any questions please reach out on any of our official channels or support@aion.network.

Also, please keep in mind that we require all AION ERC-20 Tokens to be swapped for AION Coins, as 1) the full supply of AION Coin is necessary for the healthy operations and the crypto-economic design of the network, and 2) there will eventually be no future utility for the AION ERC-20 Token and consequently we will be removing support for the token at the end of November.

The swap will continue to be facilitated through third party exchanges as well as our Aion Token Transfer Bridge. In order to assist you in this process we have video guides which will walk you through the transfer on our Token Transfer Bridge. Please sign up for our newsletter to receive up to date information & announcements by registering here https://aion.network/#stay-informed

DISCLAIMER: The Aion Token Swap is now live and production ready. Given the nature of decentralized technology, it is imperative you exercise extreme caution when transacting with cryptocurrency. You and only you have custody over your tokens and coins and it is critical you securely store your private keys. The Token Transfer Bridge is for advanced users who are experienced with complex transactions. it is recommended that your perform a test transaction of a small amount (ex: 10 AION ERC-20 Tokens) to verify you have access to your Aion wallet.

[windave]

🗣We are very excited to launch the Aion Token Bridge and Swap!

🎢 This bridge will enable AION ERC-20 Tokens holders to seamlessly and atomically transfer their AION ERC-20 Tokens on #Ethereum to AION Coins on the Aion Blockchain.

👉 On Twitter please hastag #AionSwap if you have any questions about the process or use the support@aion.network email. 

👀 Please read the full blog post here: https://blog.aion.network/aion-token-bridge-and-swap-live-1689ed5e279

[windave]

Aion Token Swap useful Info

https://blog.aion.network/aion-token-bridge-and-swap-live-1689ed5e279

When?
Everyone must swap before the end of November, but no action is required immediately.

How?
Step-by-step instructions (including video walkthroughs): docs.aion.network/docs/swap-overview

Native Aion Wallets:
- Aion Desktop Wallet (https://blog.aion.network/aion-desktop-wallets-9e02493dcc8d)
- Coinomi Mobile Wallet (https://blog.aion.network/coinomi-supports-aion-coin-c70cd8f5e90e)
- Ledger Hardware Wallet (coming soon)

Performing the Swap:
- Aion Token Bridge (advanced users) (http://bridge.aion.network/)
- LATOKEN (fees apply)
- Changelly

If you are not comfortable using the above options, wait for additional participating wallet and exchange options to be announced.

Binance, Kucoin, Trezor, etc. support will not be announced until confirmed.

🛑BRIDGE WARNINGS🛑
DO NOT USE UNTIL YOU FULLY READ AND UNDERSTAND ALL INSTRUCTIONS
🚨DO NOT CHANGE THE AMOUNT ("0") IN THE MEW/MC TRANSACTION OR YOU WILL LOSE YOUR FUNDS🚨

Official FAQ
Sign up for updates and announcements here: aion.network/token-swap
Contact: support@aion.network

[windave]

Check out Aion Network's Kimberly Luu walks through the Bridge Swap process using MEW in the link:

https://www.youtube.com/watch?v=CYQc3LA-Wa0

[windave]

Aion Desktop Wallets

After extensive development, testing and auditing by both our core development team and trusted third parties, the Aion desktop wallets (MacOS, Windows & Linux) are now available for download - https://github.com/aionnetwork/Desktop-Wallet/releases/tag/1.1.0. These wallets will be used to store the AION coin.

The Aion desktop wallets allow you to send, receive and manage your AION coins in a secure fashion with a direct, encrypted connection to a remote Aion node. Accounts are created using best-in-class industry practices and standards. Transaction history is also made available in the Aion desktop wallets to verify transfers. These wallets represent part of the commitment to our community to deliver on our promise of a decentralized Internet, and we look forward to announcing exciting new functionality soon.

The AION coin is the native asset of the Aion blockchain (as outlined in our Whitepaper), which is utilized for critical network functionality and our 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.
If you are currently holding AION ERC-20 tokens, you will have to swap them to AION coin through the Aion token swap before transferring to your Aion wallet.
For further documentation concerning the wallet, as well as for instructions on how to download, install and use the Aion wallet, please refer to this documentation - https://docs.aion.network/page/create-an-aion-wallet.  To report and track all issues please refer to our Github https://github.com/aionnetwork/Desktop-Wallet/releases/tag/1.1.0 .

Please sign up for our newsletter to receive up to date information & announcements by registering here https://aion.network/#stay-informed.

[windave]

https://blog.aion.network/coinomi-supports-aion-coin-c70cd8f5e90e

Aion Network partners with Coinomi to support the AION coin

AION Coin holders will now be able to store their Coins in Coinomi’s secure multi-asset wallet.
What can Aion Coin holders do with Coinomi’s wallet?
AION Coin holders will be able to securely store their Coins in Coinomi’s wallet — allowing them the ability to store, send, receive or exchange Coins directly through Coinomi. Coinomi acts as much more than a traditional cryptocurrency wallet, offering users added exchange functionality on top of the robust traditional wallet features.
What is Coinomi?
Coinomi was founded in 2014 and is the oldest multi-asset wallet currently available on the market. With millions of active users, Coinomi has never been hacked or compromised and has successfully stored millions in crypto-assets. The Coinomi brand is synonymous with security, seamlessly integrating best-in-class encryption without sacrificing user experience or aesthetic design. Coinomi not only has a large customer base but also supports the largest number of assets in the market. Coinomi supports over 125 distinct native blockchains and 382 tokens (not including the thousands of proprietary ERC-20 tokens which can be added as per the users preference). Coinomi is segwit enabled and offers over 168 fiat currency representations readable in 25 languages.
Apart from being one of the most robust and secure wallets on the market, Coinomi also integrates built-in support for Shapeshift and Changelly. This allows all listed assets to be exchanged between one another — instantly, without the need for third party cryptocurrency exchanges.
The Coinomi Wallet is available on both iOS and Android.
Coinomi is customer focused with live support 24/7 ready and willing to answer all questions or concerns it’s users may have.
Remember to participate in the Aion token swap, exchanging your AION ERC-20 tokens to AION Coins so that you can store them in your Coinomi wallet!

[windave]

Lots of helpful info in the Aion FAQ link - https://forum.aion.network/t/aion-token-swap-faq/2087

[Hanebel]

Any plans for Desktop Wallet for Windows lower than Windows 10? Good thing we are given enough time to swap AION because with the given instructions, it's quite hard for a non-advance individual like me to follow. I hope they can give an easiest way to swap in the next weeks before November ends.

[windave]

https://medium.com/@Changelly/wanna-swap-your-aion-erc20-tokens-to-aion-coin-do-it-with-changelly-e2d722ec8ab8

Wanna swap your AION ERC20 tokens to Aion Coin? Do it with Changelly!

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

[windave]

Swap Support on BITBOX

BITBOX, a global crypto exchange by LINE Corp, is supporting the Aion Token Swap. AION token holders can use BITBOX to convert their AION tokens to AION Coins.
BITBOX deploys cutting-edge technology to ensure the safety and security of your holdings against a variety of evolving threats. Their security experts are continuously implementing new measures to fully secure your experience and assets.
BITBOX ensures optimal user experience by offering help in a wide variety of languages with some of the longest support hours in the industry. You can rely on customer care in your language as well as direct real-time support when you need it. Please refer to BITBOX’s announcement and swap details for deposit and withdrawal timing.
Please sign up for our newsletter to receive up to date information & announcements by registering here.

[windave]

Hello from the BITBOX Team,

Swap your ERC-20 AION with AION Coins on BITBOX. Earn 5% on your holdings for the swap.
- Period: 24 September 2018, 02:00:00 UTC - 8 October 01:59:59 UTC

BITBOX provides a convenient way for AION holders to swap their ERC-20 tokens for AION Coins, while earning more AION!

Details:
1.Deposit your ERC-20 AION tokens on BITBOX (24 September 2018, 02:00:00 UTC - 8 October 01:59:59 UTC).
2.Snapshot of users' account balance will be taken on 8 October 2018, 02:00:00 UTC. 5% bonus will be applied to the balance amount captured in the snapshot.
3.Maximum bonus per user is set at 1,000 AION.
4.No withdrawals of ERC-20 AION tokens will be allowed from 24 September 2018, 02:00:00 UTC - 18 October 01:59:59 UTC

TERMS AND CONDITIONS FOR AIRDROPS

1. The AION Mainnet Swap Event (collectively "AION Promotion") is organised by LINE Tech Plus Pte. Ltd. ("BITBOX"). Please read these Terms & Conditions ("Terms") carefully. By participating in AION Promotion, you agree to be bound by these Terms and all terms incorporated by reference. If you do not agree to these terms then do not participate in AION Promotion.

2. The promotion period covers 24 September 2018, 02:00:00 UTC - 8 October 01:59:59 UTC , and both dates are inclusive ("Promotion Period").

3. BITBOX reserves the right to revise these Terms at any time or withdraw AION Promotion at its own discretion and has the final say in the case of any disputes. If we make changes, we will post the amended Terms here.

4. To be eligible for AION Promotion:

(a) The user must be a registered user of BITBOX; and
(b)The user must have successfully completed the passport verification process by 18 October 01:59:59 UTC ;

5. Please also read the Terms of Service of BITBOX carefully, as the terms and eligibility requirements apply to all participants of AION Promotion

6. BITBOX reserves the right to reject any applicants if they fail to complete passport verification, or do not meet the eligibility requirements of BITBOX as set out in the BITBOX Terms of Service  or these Terms. BITBOX's decision will be final.

7. There are no fees associated with your participation in AION Promotion. You may only register for AION Promotion once, and the registration is non-transferable.

8. Please read our Privacy Policy carefully.

9. BITBOX reserves the right to deploy AION in one round or multiple successive rounds at its own election. In the case of a multiple round airdrop, BITBOX reserves the right to modify, cancel, or restrict participation at any time. Neither the issuer of AION token (the "Issuer") nor BITBOX will be liable in the case of any delay.

10. Only 400,000 airdrops of AION will be distributed to BITBOX users on a first come first served basis.

11. BITBOX is not the issuer of AION token, and is not affiliated to the Issuer. The Issuer has gone through the listing review process of BITBOX and has not been listed on BITBOX by default.

12. BITBOX will not be liable for any issues, including technical faults of AION. BITBOX will not be liable in any way whatsoever in relation to any matters including but not limited to the technical functionality of AION.

13. Directors, officers, employees and agents of the Issuer and any of their respective parent companies, affiliate companies, subsidiaries and agents are not eligible to participate.

14. You may withdraw from AION Promotion at any time by contacting https://contact.bitbox.me/

15. If you have any queries about AION Promotion, please contact https://contact.bitbox.me/

16. These Terms are governed under Singapore law and all disputes are to be resolved in the exclusive jurisdiction of the Singapore courts.

RISKS DISCLOSURE
1.Please read the BITBOX Risks Disclosure Statement  carefully.

2.Trading in digital tokens carries a high level of risk, and may not be suitable for you. When accessing the BITBOX platform, you should consider all risks in relation to the trading of digital tokens including but not limited to the risks listed in the Risks Disclosure Statement (knowledge risk, trading risk, market and pricing risk, liquidity risk, exchange risk, delisting risk, legal and regulatory risk, security risk, technological risk, other risks relating to trading activities).

3. BITBOX is not acting as your broker, intermediary, agent or adviser in any fiduciary capacity in organising the AION Promotion. You acknowledge that you are solely responsible for determining the nature, potential value, suitability, and appropriateness of these trading risks for you, and that BITBOX does not give advice (legal, tax, investment or other) or recommendations regarding digital tokens including the suitability and appropriateness of, and investment strategies for, digital tokens.

[windave]

KuCoin Will Support The Aion (AION) MainNet Token Swap

KuCoin are pleased to inform you that we will support the Aion (AION) MainNet Token Swap and we will help all AION holders on KuCoin to complete the token swap process. Related follow-ups to this subject will be announced separately.

We strongly suggest you to deposit your AION tokens to KuCoin and we will swap the MainNet token for you automatically.

See the official announcement here:
https://news.kucoin.com/en/kucoin-will-support-the-aion-aion-mainnet-token-swap/

[windave]

Here are the latest details about the swap and Aion Token Bridge:
https://blog.aion.network/aion-token-bridge-and-swap-live-1689ed5e279

Here's a list to the FAQs that we will update regularly, this has details to which exchanges are currently supporting the swap (KuCoin to be added soon):
https://forum.aion.network/t/aion-token-swap-faq/2087

[windave]

The current exchange swap options are to use

KuCoin:

https://news.kucoin.com/en/kucoin-will-support-the-aion-aion-mainnet-token-swap/

LATOKEN:

https://blog.latoken.com/update-aion-coin-integrated-new-withdrawal-security-check-latoken-platform-in-chinese-korean-2e1c4136e8e

Changelly:

Announcement Blog Post: https://blog.aion.network/swap-your-aion-tokens-with-changelly-eee6d0d61547
Exchange Site: https://aion.changelly.com/

Bitbox:

Announcement Blog Post: https://blog.aion.network/swap-support-on-bitbox-bcb66d7204dc

[Flamebellow]

KuCoin announced Aion token swap , and what about Binance ? I hope that they will announce swap soon , because binance is a biggest exchange that helds tons of Aion tokens and it's hard to imagine what will happen if they won't be swapped and just disappear when token swap period ends

[windave]

"Also, please keep in mind that we require all AION ERC-20 Tokens to be swapped for AION Coins, as 1) the full supply of AION Coin is necessary for the healthy operations and the crypto-economic design of the network, and 2) there will eventually be no future utility for the AION ERC-20 Token and consequently we will be removing support for the token at the end of November."

Basically, the Aion ERC20 is literally just a token which was always intended to eventually be swapped for the native Aion coin for functionality on Aion's main net.

A bidirectional bridge is planned, but the current Aion ERC20 token contract is not compatible with bidirectional bridging because it cannot be burned/minted (or frozen/thawed) at will. Aion has proposed a new token standard that has this functionality. More on this new token standard is available here: https://blog.aion.network/aip-proposal-aion-fungible-token-standard-53c501aec970

Before the new token can be introduced, in order to avoid confusion, the old token needs to be replaced. Think of this as a necessary upgrade, like how early computers needed to add a modem before they could connect to the internet.

[windave]

KuCoin announced Aion token swap , and what about Binance ? I hope that they will announce swap soon , because binance is a biggest exchange that helds tons of Aion tokens and it's hard to imagine what will happen if they won't be swapped and just disappear when token swap period ends

For those concerned with Binance swap support, people are not really thinking logically, of course Binance will support the swap - they already support Aion and have never delisted a coin (outside of legal issues with CTR). Historically Binance has steered towards the tail-end of time windows for swap processes (which are usually quite short), Aion has declared until November. Take a look at previous swaps supported by Binance, they do not announce support of an upcoming swap until it's rather imminent, likely to not confuse their users with multiple announcements - Binance has not issued multiple announcements for an upcoming swap previously (other than EOS where it was deemed not communicated effectively). Aion has a longer window of time for swapping likely due to the fact users themselves can perform the swap at anytime using the bridge technology. Aions swap is one of the first to have the ability to be done in a decentralized manner. The Aion Foundation probably hopes users will investigate and use the bridge as it validates one of their main goals, something that sets them apart from other blockchain projects - interopability; hence the longer timeframe to aid in this learning curve and demonstrate their achievement.

[Bloodseekers]

Aion Token Swap useful Info

https://blog.aion.network/aion-token-bridge-and-swap-live-1689ed5e279

Thanks for the info, i will learn about that

When?
Everyone must swap before the end of November, but no action is required immediately.

Maybe the question what happen if people not swap end of november??

Native Aion Wallets:
- Aion Desktop Wallet (https://blog.aion.network/aion-desktop-wallets-9e02493dcc8d)
- Coinomi Mobile Wallet (https://blog.aion.network/coinomi-supports-aion-coin-c70cd8f5e90e)
- Ledger Hardware Wallet (coming soon)

So Aion will be own platform right?? Not token erc20 anymore

[Hanebel]

Aion Token Swap useful Info

https://blog.aion.network/aion-token-bridge-and-swap-live-1689ed5e279

When?
Everyone must swap before the end of November, but no action is required immediately.

How?
Step-by-step instructions (including video walkthroughs): docs.aion.network/docs/swap-overview

Native Aion Wallets:
- Aion Desktop Wallet (https://blog.aion.network/aion-desktop-wallets-9e02493dcc8d)
- Coinomi Mobile Wallet (https://blog.aion.network/coinomi-supports-aion-coin-c70cd8f5e90e)
- Ledger Hardware Wallet (coming soon)

Performing the Swap:
- Aion Token Bridge (advanced users) (http://bridge.aion.network/)
- LATOKEN (fees apply)
- Changelly

If you are not comfortable using the above options, wait for additional participating wallet and exchange options to be announced.

Binance, Kucoin, Trezor, etc. support will not be announced until confirmed.

🛑BRIDGE WARNINGS🛑
DO NOT USE UNTIL YOU FULLY READ AND UNDERSTAND ALL INSTRUCTIONS
🚨DO NOT CHANGE THE AMOUNT ("0") IN THE MEW/MC TRANSACTION OR YOU WILL LOSE YOUR FUNDS🚨

Official FAQ
Sign up for updates and announcements here: aion.network/token-swap
Contact: support@aion.network

Hello windave, I am not that good in technicalities so I am asking to confirm and be confident in my next steps to do. So this is my plan, since Kucoin has announced their participation in the token swap, I will deposit my AION ERC-20 to Kucoin and after the system swaps my token, I will store it in my coinomi wallet. And since AION is now a coin itself, I should store it to Coinomi's AION coin and not to AION in Ethereum token. Please correct me if their are problems before I start to do the transfer.

[windave]

🔑🔒Ledger has announced that the AION Coin is now supported on their Ledger Nano S device.

AION Coin and ERC-20 token holders can now benefit from the added security of holding their cryptographic private keys in Ledger's industry-leading hardware wallet. 

🎈We are excited that Ledger can now be used to store your AION Coins during our Token Swap. 

#AionSwap
https://blog.aion.network/aion-coin-now-supported-on-ledger-devices-e250a743d4c7