ChainCatcher reports that OKX has successfully completed the Fantom (FTM) token migration and will soon list Sonic (S). Below are the key timelines for the Sonic listing:
Sonic (S) Listing Schedule
- Deposit Opens: January 21, 2025, at 11:00 AM (UTC+8)
- S/USDT Order Book Aggregation Period: January 21, 2025, 2:00 PM – 3:00 PM (UTC+8)
- S/USDT Spot Trading Begins: January 21, 2025, at 3:00 PM (UTC+8)
- Withdrawal Opens: January 21, 2025, at 7:00 PM (UTC+8)
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Key Points About Sonic (S)
Sonic is a Layer-1 blockchain platform designed to enhance scalability and interoperability in decentralized ecosystems. The migration from FTM to S marks a pivotal upgrade for Fantom-based assets.
FAQs
Q1: What is Sonic (S)?
A: Sonic is Fantom’s next-generation blockchain protocol, focusing on faster transactions and lower fees.
Q2: How can I deposit S tokens on OKX?
A: Deposits will be enabled on January 21, 2025, at 11:00 AM UTC+8. Ensure you use the correct network (Sonic Mainnet).
Q3: Will FTM tokens still be tradable after the migration?
A: No, FTM tokens have been permanently replaced by S.
Q4: Are there trading fees for S/USDT pairs?
A: Standard OKX spot trading fees apply. Check OKX’s fee structure here.
Q5: What’s the difference between FTM and S?
A: S introduces improved consensus mechanisms and cross-chain capabilities compared to FTM.
Why This Matters
The FTM-to-S migration signifies Fantom’s evolution toward a more efficient blockchain framework. For traders, this transition unlocks new opportunities in DeFi and cross-chain applications.
👉 Explore Sonic’s potential on OKX
Keywords
- OKX
- Fantom (FTM)
- Sonic (S)
- Token Migration
- Cryptocurrency Listing
- Layer-1 Blockchain
- DeFi
- Spot Trading
Disclaimer: This content is for informational purposes only. Cryptocurrency investments carry risks; conduct independent research before trading.