Announcements Gate.io Supports SafeMoon (SFM) Token Migration

Gate.io Supports SafeMoon (SFM) Token Migration

2025-03-07 06:35:22 UTC 56167 Read

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According to the latest official announcement from SafeMoon (SFM) project, existing SafeMoon (SFM) tokens will be migrated to a new ID at a 1:1 ratio. <a href="http://Gate.io" rel="nofollow noopener noreferrer" target="_blank">Gate.io</a> will support this migration and provide seamless token swap services for users. During this process, no action is required on your part.

**Migration Details**:

1. Gate.io has suspended deposit services for SafeMoon (SFM). 
2. Gate.io will disable withdrawal services for SafeMoon (SFM) starting from March 8, 2025, at 02:00 UTC. 
3. Once the migration is complete, <a href="https://www.gate.io/" target="_blank">Gate.io</a> will resume the deposit and withdrawal services for new SafeMoon (SFM) tokens. 
4. User trading will not be affected during the migration process. 
5. New SafeMoon (SFM) Token ID: ELPrcU7qRV3DUz8AP6siTE7GkR3gkkBvGmgBRiLnC19Y (SOL)

We understand this change may cause some inconvenience and sincerely apologize for any disruption caused. We are committed to ensuring a smooth swap process and will provide timely updates as needed.

**For further details regarding this migration, please refer to the official announcement**: <a href="https://x.com/safemoon/status/1890502431974518798?s=19" rel="nofollow noopener noreferrer" target="_blank">https://x.com/safemoon/status/1890502431974518798?s=19</a>

Thank you for your support and trust in <a href="http://Gate.io" rel="nofollow noopener noreferrer" target="_blank">Gate.io</a>. If you have any questions or need assistance, please feel free to contact our customer service team.

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Gate.io Team
March 7, 2025

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