Pricey Clients,
This publish accommodates an essential discover relating to buyer belongings.
In response to the migration of Lisk (LSK) from its impartial blockchain to the Ethereum blockchain and issuance as tokens beneath the ERC-20 normal, bitFlyer Europe S. A. (hereinafter known as “bitFlyer”) will droop companies for LSK beginning round 10 am (CEST) on Monday, Could twentieth, 2024. Buy and promoting on Purchase/Promote, deposits and withdrawals, and bitFlyer Recurring Purchase will not be accessible from that date. bitFlyer is at present making ready to supply service for the newly issued ERC-20 normal tokens. Particulars shall be introduced individually as quickly as they’re accessible.

In regards to the LSK Blockchain Migration
The token issuer Onchain Basis has introduced that the LSK tokens shall be migrated from their impartial blockchain to the Ethereum blockchain and issued as ERC-20 normal tokens on Tuesday, Could twenty first, 2024. Moreover current LSK being migrated to L2 LSK, current LSK holders may also be granted Klayr (KLY) tokens issued on a brand new blockchain by way of airdrop. For extra data, please ee the next announcement by the token issuer.
https://lisk.com/weblog/posts/lsk-token-migration-snapshot-height-announcement
bitFlyer’s Response to LSK Blockchain Migration
- Info on current LSK
The present LSK blockchain shall be terminated on Tuesday, Could twenty first, 2024 and buying and selling and token retrieval will change into inconceivable. For that cause, bitFlyer will droop service for LSK from 10 am (CEST) on Monday, Could twentieth, 2024. Buy and promoting on Purchase/Promote, deposits and withdrawals, and bitFlyer Recurring Purchase is not going to be accessible from that date.
- Info on L2 LSK
bitFlyer is at present making ready to supply service for L2 LSK. Nonetheless, this requires passing an examination by the JVCEA, which is anticipated to take a sure period of time, and the outcomes of the examination can’t be assured by bitFlyer. Particulars shall be introduced individually as quickly as they’re accessible.
For Clients Holding Current LSKs After Service Suspension
For the case that bitFlyer can help L2 LSK, L2 LSK tokens shall be allotted to every buyer at a 1:1 equal to their current LSK holdings. Nonetheless, please word that bitFlyer might not be capable to compensate prospects for his or her current LSK holdings if help for L2 LSK will not be potential.
Please Be Conscious of the Following:
- The LSK blockchain migration shall be carried out by the token issuer and bitFlyer is not going to be accountable for any modifications or any losses incurred by prospects because of such modifications.
- Current LSK holders will be capable to declare L2 LSK at a 1:1 equal from the token issuer after the migration to L2 LSK. Nonetheless, prospects who hold LSK of their bitFlyer account will be unable to make a direct request to the issuer. In case you want to make a declare to the issuer instantly, you will want to switch the LSK funds in your bitFlyer account to a personal pockets earlier than bitFlyer suspends service for LSK.
- With the migration of the prevailing LSK to L2 LSK, there could be value fluctuations, or value gaps might happen on the timing of the migration. Costs are on no account assured by bitFlyer.
- bitFlyer has not but decided learn how to proceed with the KLY that the token issuer intends to grant current LSK holders.
bitFlyer EUROPE S.A.
Contact: https://bitflyer.com/en-eu/contact
HP: https://bitflyer.com/en-eu