Friday, September 19, 2025

LSK Migration

Pricey Prospects,

This publish accommodates an necessary discover concerning buyer property.

In response to the migration of Lisk (LSK) from its impartial blockchain to the Ethereum blockchain and issuance as tokens underneath the ERC-20 commonplace, bitFlyer Europe S. A. (hereinafter known as “bitFlyer”) will droop providers for LSK beginning round 10 am (CEST) on Monday, Might twentieth, 2024. Buy and promoting on Purchase/Promote, deposits and withdrawals, and bitFlyer Recurring Purchase will now not be obtainable from that date. bitFlyer is at the moment making ready to supply service for the newly issued ERC-20 commonplace tokens. Particulars will likely be introduced individually as quickly as they’re obtainable.

Concerning the LSK Blockchain Migration

The token issuer Onchain Basis has introduced that the LSK tokens will likely be migrated from their impartial blockchain to the Ethereum blockchain and issued as ERC-20 commonplace tokens on Tuesday, Might twenty first, 2024. Apart from current LSK being migrated to L2 LSK, current LSK holders may also be granted Klayr (KLY) tokens issued on a brand new blockchain through airdrop. For extra info, please ee the next announcement by the token issuer.

https://lisk.com/weblog/posts/lsk-token-migration-snapshot-height-announcement

bitFlyer’s Response to LSK Blockchain Migration

  1. Data on current LSK

The present LSK blockchain will likely be terminated on Tuesday, Might twenty first, 2024 and buying and selling and token retrieval will change into inconceivable. For that motive, bitFlyer will droop service for LSK from 10 am (CEST) on Monday, Might twentieth, 2024. Buy and promoting on Purchase/Promote, deposits and withdrawals, and bitFlyer Recurring Purchase is not going to be obtainable from that date.

  1. Data on L2 LSK

bitFlyer is at the moment making ready to supply service for L2 LSK. Nevertheless, this requires passing an examination by the JVCEA, which is predicted to take a sure period of time, and the outcomes of the examination can’t be assured by bitFlyer. Particulars will likely be introduced individually as quickly as they’re obtainable.

For Prospects Holding Current LSKs After Service Suspension

For the case that bitFlyer can assist L2 LSK, L2 LSK tokens will likely be allotted to every buyer at a 1:1 equal to their current LSK holdings. Nevertheless, please notice that bitFlyer could not be capable of compensate prospects for his or her current LSK holdings if assist for L2 LSK shouldn’t be attainable.

Please Be Conscious of the Following:

  • The LSK blockchain migration will likely be carried out by the token issuer and bitFlyer is not going to be answerable for any adjustments or any losses incurred by prospects because of such adjustments.
  • Current LSK holders will be capable of declare L2 LSK at a 1:1 equal from the token issuer after the migration to L2 LSK. Nevertheless, prospects who preserve LSK of their bitFlyer account will be unable to make a direct request to the issuer. In the event you want to make a declare to the issuer immediately, you will want to switch the LSK funds in your bitFlyer account to a personal pockets earlier than bitFlyer suspends service for LSK.
  • With the migration of the prevailing LSK to L2 LSK, there may be value fluctuations, or value gaps could happen on the timing of the migration. Costs are by no means assured by bitFlyer.
  • bitFlyer has not but decided the right way to proceed with the KLY that the token issuer intends to grant current LSK holders.

bitFlyer EUROPE S.A.
Contact: https://bitflyer.com/en-eu/contact
HP: https://bitflyer.com/en-eu

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