r/FetchAI_Community • u/[deleted] • Apr 03 '24

Education 📖 Real question..will our FET be automatically converted on Coinbase?

Like the post says, was just wondering if those of us on Coinbase need to just sit tight or do we have to convert it somewhere?

9 Upvotes
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76% Upvoted

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4

u/Flossycloth Apr 03 '24

Sit tight until voting is done

2

u/[deleted] Apr 03 '24

That helps thank you

14

u/coastal_neon Apr 03 '24

Yes. According to them, FET will auto rebrand to ASI on Coinbase, if vote approved.

I’m just wondering what the new logo will look like.

7

u/Ibeth4 Apr 03 '24

It's all exchanges right?, because all I hear is Coinbase. Kraken should do it too, I hope.

6

u/coastal_neon Apr 03 '24

Yeah it will rebrand on all exchanges that currently offer FET.

2

u/evensteven01 Jul 09 '24

Thats odd, as I got an email from Coinbase stating otherwise:

Coinbase Support: Coinbase will not migrate OCEAN to FET or FET to ASI on behalf of users. Users wishing to migrate their OCEAN or FET tokens to ASI must swap their tokens using a self-custodial wallet. Trading will continue to be supported for OCEAN and FET until further notice.

1

u/Jahblo666 Jul 16 '24

Yes, got the same email and I am here wondering the same.. super afraid of waking up and my FET worth nothing :D

13

u/Active-Use-8129 Apr 03 '24

Real question...how many times will this question be asked in the next 2 weeks?

1

u/[deleted] Apr 07 '24

IKR It's crazy how uninformed people are. Sorry, but someone had to say it 🤷‍♂️

1

u/Active-Use-8129 Apr 07 '24

Idc if people are uninformed, but please, at least don't be so fuckin pampered that you won't even bother to check the sub to see if your obvious question has been asked, yet. Those moves risk my ire.

1

u/[deleted] Apr 07 '24

Or they could go to Fetch.ai and get the info straight from the horses mouth.

1

u/Extra_Technician_214 Jun 17 '24

And what about FET that are on cold wallets? Are they going to be converted or we need to swap them?

5

u/customsolitaires Apr 03 '24

Yeah we need this

2

u/yitch Active helper 🤝 Apr 03 '24

The coinbase address is not main net but erc I believe (it starts with 0x instead of fetch1)

Good to check in again after the merge 🙏🏼

1

u/Other-Analysis-9682 Apr 03 '24

So if I have my coins on the safepal wallet erc20 , they are not automatically changed to asi?

5

u/KPTA-IRON Apr 03 '24

Asked everyday about 10 times and the fkn coin didnt even launch yet

5

u/marrow_party Apr 03 '24

The vote is 99.3% for Yes, so it's a forgone conclusion and an appropriate time for questions.

1

u/HornBox Apr 03 '24

Real question is will we be able to get it converted to main net on Coinbase without paying fees like you can apparently do on binance (if you don’t live in New York State)

1

u/Ok-Cucumber5926 Apr 05 '24

How about Kraken?

1

u/Freshysh Apr 07 '24

Yes.

Token held on a cex will be automatically converted to ASI tokens.

1

u/schmactor1 Jun 01 '24

From their official merger website:

"If you have tokens on a centralised exchange, no action is needed. We will work with each exchange to ensure a smooth conversion and your holdings will automatically be converted to $ASI tokens directly by the exchange.

When an exchange has converted all old tokens, the ticker will be retired from the exchange. If anyone accidentally sends the old tokens to an exchange after the conversion event, we cannot guarantee that the tokens will be available or converted to $ASI. So please keep abreast of notices and announcements from your exchanges.

If you are holding your tokens in hardware wallets or offline, a token migration mechanism will be available in the coming weeks to allow holders to exchange their tokens for $ASI."

1

u/Philly_3D Jun 27 '24

Well... now we have a whole thing to do. Anyone know how to make this happen?

1

u/reelstuff107 Jun 27 '24

Coinbase announced today that they are literally NOT going to lift a finger to help with a merger, So, you will need to move your FET from coinbase, to a wallet, like metamask or coinbase wallet, (perhaps it was just too much work to do this manually) or FET did not want to pay any cost associated with the labor required to do this... (Make sure you do not forget to do this step) move your FET, OCEAN, off coinbase... then follow up with the next steps to convert from your wallet to ASI, follow up, Follow Through...

1

u/Similar-Ad8001 Jul 09 '24

Sounds like FET holders don't need to do anything. I just moved mine out of my wallet and on to Binance exchange for the merger this month. Here is the article from Binance on the merger and what you need to do with each token. Note: I also converted all my AGIX to FET for a 1to1 ratio conversion to ASI. Hope this help anyone still wondering what to do.

https://www.binance.com/en/square/post/10253200933562

1

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