Please note: You only need to swap your tokens if they are held on a hardware or software wallet or stored in a JSON keystore file. If your tokens are staked on the ADX portal or were held on a major exchange (Binance, Upbit, Bittrex, Huobi or HitBTC) during the upgrade in August 2020, they are migrated automatically and you do not need to do anything. If you have tokens on an exchange that isn’t listed above or hasn’t announced plans to support the new ADX, we recommend that you withdraw them to your own wallet and upgrade them. Please do NOT send legacy tokens to exchanges as they no longer support them.
We have created a short video that shows you how to swap your ADX tokens. If you prefer step-by-step instructions, scroll down. Note that the video still has the old portal look but the steps are the same.
Important: If you hold a smaller amount of ADX tokens (e.g. under 800 ADX), please consider gas fees you need to pay in ETH before you swap. With gas fees being higher as demand increases, it is possible that you end up spending more money upgrading and staking (if you wish to do so) than the value of the ADX tokens and the potential rewards. E.g. we recommend to swap and stake at least 800 ADX tokens to justify the gas fees. This is a decision you would need to take though!
Step 1: Ensure you have the MetaMask browser extension and you need to hold your ADX on it. If you use a hardware wallet such as Trezor or Ledger to store your ADX tokens, you can easily connect it to MetaMask (this doesn’t export your private keys but simply allows MetaMask to be an interface for your hardware wallet). If you use another wallet (e.g. Trust Wallet, Atomic wallet etc) or a keystore file (JSON), you can import it to Metamask. You can also use WalletConnect to connect a mobile wallet to our staking portal if your ADX are on it.
Step 2: Go to staking.adex.network and connect your wallet (MetaMask or WalletConnect).
Step 3: A pop-up will appear and you will be prompted to upgrade your legacy ADX. If you close the pop-up, don't worry. Simply reload the page and you will see the pop up re-appear.
Step 4: Click on SWAP NOW.
Step 5: Confirm the transaction in the MetaMask pop-up (or follow the instructions in your mobile wallet). You need to confirm all transactions in order to swap your tokens.
Step 6: Confirming any other transactions appearing in Metamask or your mobile wallet.
Step 7: That's it! Once the transactions are all confirmed on the Ethereum network, you're all set. The new tokens will appear in your Balance.
OPTIONAL: After this, we recommend that you add the new ADX to MetaMask so that it shows in “Assets”. Here’s how to do it:
- Go to "Assets" in MetaMask.,
- Scroll to the bottom and click "Add Token"
- Select "Custom Token" and enter 0xade00c28244d5ce17d72e40330b1c318cd12b7c3 - the two other fields (decimals and name) will fill up automatically.
- Click on "Next" to finish the process.
How to find out whether I hold the new or the legacy ADX?
- On Etherscan, the legacy token will show up with the name “AdEx”, symbol ADX and token address 0x4470BB87d77b963A013DB939BE332f927f2b992e
- On Etherscan, the new token will show up with the name “AdEx Network”, symbol ADX and token address 0xADE00C28244d5CE17D72E40330B1c318cD12B7c3
Are you having issues upgrading your tokens?
We have prepared a list the most likely scenarios which could prevent you from swapping your tokens. Read this article for troubleshooting advice.
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