Lykke Exchange Announcement - NO to KIN migration, NO to XRP Flare Airdrop

in LeoFinance4 years ago (edited)

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In an announcement, the Lykke exchange has stated that it will not support the following two events that will occur in December 2020.

1. KIN migration to Solana

The Kik team along with the Solana team announced a public proposal to the Kin Ecosystem for Kin to migrate to the Solana blockchain.

Quote from Lykke:

Taking into account the traded volumes and active KIN holders on our Exchange, we have taken the decision of delisting the KIN token from our Lykke Exchange.

Personal take

I did invest in KIN years ago. It's time to check where I stand.


2. XRP airdrop

Quote from Lykke:

Lykke will not support Flare Networks’ upcoming airdrop of Spark (FLR) tokens for XRP holders on 12/12/20.

Personal take

I hold XRP and am prepared for the airdrop with my Ripple stash waiting on Nexo*. Read more about Nexo and the interest you can get just by having your assets there.


Are you a user of Lykke? Maybe it's time to switch somewhere else?


Better and better

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They just want to keep the money for themselves.

Posted Using LeoFinance Beta

Probably. Or they don't want to bother. Or both :)

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I don't know about Lykke. Have to be careful who you trust with your funds.

In other news I just got the referral reward for you joining Presearch and I reached the payout threshold. Only taken about 2 years :) Need to see how I can cash out.

:) That's great to hear.

So you are a rich man, at least in NBX, now.

I think that NBX is an ERC-20 token. Am I right? I don't know really since I am far away from cashing out.

Current balance36.71429298NBX

I think mine is worth about $12. The instructions on moving it to another wallet are complex. May I should let it build up a while longer. I can play the long game. Also accumulating BAT from Brave browser. May as well get what we can from these things.

Exactly. Occasional withdrawal just in case :)

Then I have to get up to the threshold again. Could try taking some out anyway.

What's the treshold?

You need 1000