Coins.ph will be updating the supported contract address for the TRUMP token. Please take note of the following timeline and ensure that your TRUMP transactions are aligned with these changes to avoid any issues.
Key Dates and Actions
October 30, 2024, 11:00 PHT
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Deposits and Withdrawals Disabled
All $TRUMP network deposits and withdrawals will be disabled.
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Important Note
Any $TRUMP deposits sent to the current taxed contract address (0x576e2BeD8F7b46D34016198911Cdf9886f78bea7) after this date may result in the permanent loss of funds. However, spot trading for $TRUMP will remain available.
October 31, 2024, 16:20 PHT
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Deposits and Withdrawals Reopen
The new taxless $TRUMP token contract address (0x6aa56e1d98b3805921c170eb4b3fe7d4fda6d89b) will be supported for deposits and withdrawals.
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Action Required
Ensure that all $TRUMP deposits use the new contract address (0x6aa56e1d98b3805921c170eb4b3fe7d4fda6d89b) from this date onward to avoid any loss of funds.
Why is This Update Important?
Contract addresses are unique identifiers for tokens on blockchain networks. Using the correct contract address is crucial because:
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Prevents Loss of Funds
Sending tokens to an incorrect or outdated contract address can lead to irreversible loss of funds.
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Ensures Transaction Validity
The blockchain needs the correct address to process transactions accurately.
Frequently Asked Questions
What happens if I accidentally send tokens to the old address?
Tokens sent to the old contract address after October 30 may be permanently lost. Exercise extreme caution.
Can I still trade TRUMP tokens during the update?
Yes, Spot Trade and Quick Buy and Sell will remain available throughout the period.