Frequently Asked Questions regarding the Migration of VDX ERC20 to BEP-2.
A token swap allows users to migrate from one token type to another. In our case users will be able to migrate from VDX ERC20 to VDX BEP-2.
We believe in adding the most value to our Token holders. VDX migrating to the Binance Chain has been a popular request from our holder/users.
Users on Bittrex International, Upbit, and BiKi will have the option to convert to VDX BEP-2 or continue to hold VDX ERC20. The circulating supply between the two tokens will remain the same.
No! We will not be minting more tokens. We will be migrating a portion of our ERC20 VDX to BEP2 and allowing our token holders to swap tokens at a 1 to 1 ratio if they wish to!
Binance DEX is the Binance decenteralized exchange. This means the users hold their private keys and not the exchange. Binance is a centeralized exchange where the exchange holds your funds as a custodian.
We will have a portal on our website using BNB bridge to allow our users to send their ERC20 tokens in exchange for BEP2 tokens. We will have further information as well as tutorials coming soon!
Follow our detailed guide here: https://medium.com/@VodiX/vdx-swap-erc-20-to-bep-2-d13f8482f355
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