Dear User:
The Megabit platform will officially launch The Open Network (TON) network support for USDT deposits and withdrawals on November 19, 2024. After this feature is live, users need to update to the latest version 1.0.11 to efficiently and conveniently manage their USDT assets on the TON network, enjoying lower transfer fees and faster transaction speeds.
Details of the new feature:
• Network name: The Open Network (TON)
• Token name: USDT
• Launch date: November 19, 2024 (Exact time will be announced separately)
• Version requirement: 1.0.11 or above
Steps for USDT Deposits and Withdrawals
Deposit Steps:
1. Log in to the Megabit platform app (update to version 1.0.11 or above).
2. Navigate to the “Assets” page, select USDT, and click Deposit.
3. Choose the TON network to generate a unique deposit address.
4. Copy the deposit address to your external wallet or exchange, and complete the on-chain transfer as instructed.
Withdrawal Steps:
1. Log in to the Megabit platform app, go to the “Assets” page, select USDT, and click Withdraw.
2. Select the TON network from the network options.
3. Enter the USDT address on the TON network from your external wallet and the amount you want to withdraw.
4. MEMO/Tag: Check if the receiving address requires a MEMO/Tag. Missing or incorrect MEMO/Tag could result in asset loss. Different exchanges or wallets may refer to MEMO as Tag, Digital ID, Label, Note, etc.
5. Confirm the details and submit the withdrawal request. Wait for the transaction to be processed.
Notes on On-chain Transfers
1. Ensure the correct network is selected:
Always select the corresponding network for deposit and withdrawal operations to avoid asset loss due to an incorrect network.
2. Double-check addresses:
Carefully verify the deposit or withdrawal address to ensure it is correct and supports the selected network.
3. Transfer speed and gas fees:
Transactions on the TON network are fast, but users are responsible for the gas fees. Ensure your wallet balance is sufficient to cover these fees.
If you have any questions or encounter issues, please feel free to contact our customer service team for detailed support and assistance.
Megabit is dedicated to providing users with diversified, convenient, and efficient asset management services. Thank you for your support and trust in Megabit!
The Megabit Team
November 18, 2024
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