VeChain (VEN) Migration Notice Update

In early July, Bitfinex announced full support for the VeChain VEN - VET token swap. In line with this, we are pleased to be able to communicate the start of the VeChain migration process.

To ensure a smooth and trouble-free migration for all our users, the token migration will be completed according to the following steps:

• VEN deposits and withdrawals have been suspended as of

  12:00 AM UTC, 28/08/18

  .

• Trading in all VEN pairs (BTC, ETH & USD) will be suspended as of

  11:00 AM UTC, 28/08/18

  . A VEN balance snapshot will be taken at this time.

• The token migration will take place. Tokens will be converted in a ratio of 1:100

  (100 VET for every VEN).

• Trading will reopen for VET against BTC, ETH & USD at approximately 15:00 PM UTC, 28/08/18

  . Deposits and withdrawals will be enabled in line with this.

Please note that deposits and withdrawals of VEN are to be suspended permanently following step 1 and Bitfinex will be unable to accept transactions in this token moving forward.

To learn more about VeChain migration, please visit the

Bitfinex Knowledge Base

. For further information please visit

support.bitfinex.com

.