Quanta announces QNTU to QNTX token swap procedure

Updated Jun 12, 2020 | Published Mar 31, 2020
[2 mins read]
Blockchain lottery platform Quanta has announced the swap procedure for its QNTU token holders to receive QNTX.
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Quanta will make it possible to exchange your tokens for the QNTX digital assets. The rate of exchange is set at 20,000 QNTU for 1 QNTX.

These tokens will not be redeemable “until September 2020 or thereafter”, the official release stated, while it also advised those looking to take part not to sell their QNTU prior to May 1st 2020.

Quanta announces QNTU to QNTX token swap procedure

Holders of the new QNTX through swapping will be entitled to an ETH royalty payment and staking bonus. The maturity of the latter will run at 100% for 2Y, 50% for 1Y, 25% for 6M, 15% for 3M and 10% for 1M. The company will also perform full Know Your Customer (KYC) checks on all users.

To find out the exact steps how to exchange your tokens, just visit the official website where all the steps are described in detail.

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CGN senior journalist 

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