Gate TR Completes Kinto (K) Token Swap

According to the official announcement from the Kinto (K) team, following the recent hack incident, the existing K tokens were migrated based on the snapshot taken at 08:37:32 (UTC) on July 10, 2025. Gate TR has successfully completed the token swap process. You can view the details on your “Transaction History” page. Trading for Kinto (K) on Gate TR will commence on August 6, 2025, at 03:00 (UTC).

Swap Details as Shared by the Project Team:

Users who held K tokens as of 08:00:00 (UTC), July 10, 2025, and retained them were swapped at a 1:1 ratio.
Users who purchased and held K tokens after 08:37:32 (UTC), July 10, 2025, were swapped based on the following formula:
Average Purchase Price × K Token Balance ÷ 7.48 USDT
Users who deposited K tokens after 08:37:32 (UTC) on the same day were excluded from the swap, per Kinto’s request.
Users who bought or deposited K tokens between 08:00:00 and 08:37:32 (UTC) on July 10, 2025, must submit a support ticket to request a 1:1 swap.

New Token ID (ARB Network): 0x6ba19ee69d5dde3ab70185c801fa404f66fedb58

Note:
Gate TR will no longer support the old K tokens. Deposits and withdrawals for the new K token contract will be enabled once trading resumes and security checks are finalized. Please be aware that significant price fluctuations may occur when trading resumes. Exercise caution and manage your risk accordingly.

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Gate TR Team
August 5, 2025