Lykke Exchange Announcement - NO to KIN migration, NO to XRP Flare Airdrop

By ervin-lemark | Crypto World News | 2 Dec 2020

In an announcement, the Lykke exchange has stated that it will not support the following two events that will occur in December 2020.

1. KIN migration to Solana

The Kik team along with the Solana team announced a public proposal to the Kin Ecosystem for Kin to migrate to the Solana blockchain.

Quote from Lykke:

Taking into account the traded volumes and active KIN holders on our Exchange, we have taken the decision of delisting the KIN token from our Lykke Exchange.

Personal take

I did invest in KIN years ago. It's time to check where I stand.

2. XRP airdrop

Quote from Lykke:

Lykke will not support Flare Networks’ upcoming airdrop of Spark (FLR) tokens for XRP holders on 12/12/20.

Personal take

I hold XRP and am prepared for the airdrop with my Ripple stash waiting on Nexo*. Read more about Nexo and the interest you can get just by having your assets there.

Are you a user of Lykke? Maybe it's time to switch somewhere else?

Better and better

Resources

https://nexo.io/nexo-card

Hive Blockchain Crypto Exchange Nexo (NEXO) lykke

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ervin-lemark

Husband, father, dog person, recreational runner, loves to travel, IT pro. Fascinated by old and new, from Oracle to blockchain and everything in between.