We'll be updating our USDT token blockchain. We’ll be moving from Omni standard to ERC20 standard.
As a result, we recommend you to deposit USDT belonging to ERC20 address after the change. All USDT withdrawals post 4th July, 2019 at 1.30PM IST will be processed in ERC20 standard tokens.
4th July, 2019 at 1.30PM IST Withdrawals and Deposits of USDT will be paused
4th July, 2019 at 2.30PM IST Withdrawals and Deposits in ERC20 token of USDT starts
What happens if I still deposit OMNI based USDT?
There is nothing to worry. You can reach out to our support team and we’ll ensure that the OMNI deposits are credited to your WazirX account. However, once we move to ERC20 based USDT tokens, you will not be able to view your old OMNI based USDT wallet address as the wallet addresses will change to ERC20 standards. So we recommend you to save your existing OMNI USDT address of WazirX in case you plan to deposit OMNI tokens in the future.
Note: This change will not affect your existing USDT balance on WazirX and your P2P trades.