Announcement Center

Dear Users,

CoinW will support the Frax Share (FXS) token swap. The specific arrangements are as follows:

CoinW will suspend the deposit, withdrawal, and trading services of Frax Share (FXS) at 05:00 (UTC) on June 6, 2025. The FXS/USDT trading pair will be delisted, and all pending orders will be automatically canceled. CoinW will proceed with the token swap of Frax Share (FXS) at a 1:1 ratio. The details are as follows:

1. The Frax Share (FXS) token migration is scheduled to take place at 03:00 (UTC) on May 26, 2025.
   
   

2. CoinW will handle all technical matters related to the Frax Share (FXS) token swap on behalf of users.
   
   

3. CoinW will adopt FRAX as the new token ticker to replace FXS.
   
   

4. All FXS tokens will be swapped to new FRAX tokens at a 1 old FXS = 1 new FRAX ratio.
   
   

Reminders:

• The listing time for the new Frax (FRAX) token will be announced separately once the listing review is completed.
  
  

• After the migration is completed, CoinW will no longer support deposit or withdrawal services for the old FXS token.
  
  

• Your Frax Share (FXS) tokens on the CoinW platform will be automatically swapped — no additional action is required on your part.
  
  

For more details about this token migration, please refer to the official announcement:

https://x.com/fraxfinance/status/1917204290906820682

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CoinW

6/4/2025