Update as of 21 May
Please be informed that the DERC token rebrand has been completed for Crypto.com users.
DERC tokens have been reissued as ZERC tokens at a 1:1 ratio according to the DERC balances in eligible users’ Crypto Wallet in the Crypto.com App and Crypto.com Exchange.
You can now trade, deposit, and withdraw ZERC via ERC-20 in the App and Exchange.
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Crypto.com will be supporting the DERC token rebrand. As a result, the DeRace (DERC) token will be swapped to zkRace (ZERC) token following this migration.
Trading, deposits, and withdrawals of DERC via ERC-20 on the Crypto.com App and Crypto.com Exchange will be suspended on 16 May 2024, 06:00 UTC and 07:00 UTC respectively, and will no longer be supported.
Existing DERC tokens will be converted to ZERC tokens at a later date, in a 1:1 ratio according to the DERC balances in eligible users’ Crypto Wallet in the App and Spot Wallet in the Exchange.
Crypto.com App
- Trades, deposits, and withdrawals of DERC will be suspended in the App.
Crypto.com Exchange
- Deposits, withdrawals, and trades of DERC will be suspended in the Exchange.
- All open DERC orders for Spot trading will be closed.
A separate announcement will be made when trading, deposits, and withdrawals of ERC-20 ZERC are open.
Kindly refer to status.crypto.com for all the latest updates.
We thank our users for their support and understanding.
