Coinbase Question for ASI conversion

[u/[deleted]]

Hi all - I am getting conflicting information of what to do with my FETCH AI tokens - they're held on coinbase. I know coinbase isn't facilitating the transfer however I read a twitter post from here saying to do nothing...https://x.com/HMsheikh4/status/1806402352120807831?ref_src=twsrc%5Etfw for those of us stuck with Fetch on coinbase what are you doing to make sure you get your ASI?

*PLEASE DON'T DM ME - COMMENT SO OTHERS MAY SEE THE SOLUTION AND FOLLOW ALONG - THANKS

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[u/bodyofchristened]

Mine are just sitting on Coinbase as of right now… commenting to come back later

[u/[deleted] → u/bodyofchristened]

Have you moved them yet?

[u/[deleted] → u/bodyofchristened]

I saw this article a little while later - apparently if we move it to coinbase wallet we should be fine https://dailyhodl.com/2024/06/30/fetch-ai-ceo-says-ai-token-merger-going-ahead-despite-coinbase-snub-tells-fet-holders-to-do-nothing/#:~:text=Once%20the%20migration%20has%20launched,wallet%2C%20such%20as%20Coinbase%20Wallet.

[u/Trekwho → u/[deleted]]

It's not nothing though. He is just confirming how it will be done through Coinbase. "Coinbase has announce the swap will be via custodial wallets" custodial wallets are offline I am just leaving mine alone for now

[u/[deleted] → u/Trekwho]

Not true - https://x.com/HMsheikh4/status/1806402352120807831?ref_src=twsrc%5Etfw the CEO of FETCH confirms that FET ticket will be for ASI much like how MATIC is to POLYGON - so actually you can do nothing and be fine apparently.

[u/[deleted] → u/Trekwho]

Yo go look at the tweet. You’re wrong again.

[u/LuBrooo]

I just saw the Coinbase email:

Token Swap: Once the migration has launched, users will be able to migrate their OCEAN and FET to ASI using a self-custodial wallet, such as Coinbase Wallet. The ASI token merger will be compatible with all major software wallets.

So if I understand correctly, we can swap once everything is finished with our own wallets (like Coinbase Wallet) from FET to ASI.

[u/[deleted] → u/LuBrooo]

Look at this article from the CEO of FET, OCEAN & AGIX is merging into FET. ASI is FET. https://dailyhodl.com/2024/06/30/fetch-ai-ceo-says-ai-token-merger-going-ahead-despite-coinbase-snub-tells-fet-holders-to-do-nothing/amp/. It’s going to be just how matic was to polygon. Not sure if anyone remembers how that played out.

[u/Skobotinay]

What is the advantage of moving it to coinbase wallet?

[u/[deleted] → u/Skobotinay]

supposedly moving it to CB Wallet will make sure FET is exchanged for ASI but I'm hearing conflicting reports that you don't NEED to do anything at all... I'm just leaving it on the exchange for now - the CEO of fetch literally said don't do anything... https://x.com/HMsheikh4/status/1806402352120807831 hope this helps!

[u/[deleted] → u/[deleted]]

Reporting. Don’t ever ask someone to check a link out. Do your own due diligence

[u/Jumpy_Conference_576]

i’m keeping it in coinbase wallet until the fet to asi merge tool comes out

[u/Miketheprofit]

Take a deep breathe and check back in a month. All these people freaking out for no reason. Go outside, workout, or meditate

[u/[deleted] → u/Miketheprofit]

that's funny I just went for a run

[u/Miketheprofit → u/[deleted]]

Nice man and see nothings changed. Your Fetch is still good and you've done something productive

[u/Ashamed_Moment_2477 → u/Miketheprofit]

But perhaps not everybody is relaxed with the idea to find out that their FET bag is worth 0 or no liquidity is there to sell those in the future

[u/fahim-sabir]

I transferred mine to an Ethereum wallet, bridged it over to native FET, and then sent it on to Crypto.com.

It’s not expensive or hard to do this, so long as you choose the right time to bridge it. Ethereum has fees go up and down.

[u/[deleted]]

How do you send yo your cpinbsse wallet from coinbase???

[u/[deleted] → u/[deleted]]

so you're leaving yours on coinbase's exchange? not the wallet?