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Date:
14th Aug 2020
Author:
CryptoAltum

19 AUGUST 2020: IMPORTANT IOTA UPGRADE INFORMATION

IOTA will release the first phase of IOTA1.5 (Chrysalis) upgrade on its mainnet on August 19th. This upgrade is extremely crucial, and users of IOTA can expect to see major improvements in usability, performance, and reliability.

The IOT/USD pair will continue to be offered to our clients provided that our LPs (liquidity providers) continue to offer pricing and execution. If our LPs stop offering the IOT/USD pair for execution, then we’ll proceed with the same actions as well. A Close Only mode will be implemented on the IOT/USD pair until further notice.

Please keep in mind that traders will only be able to close open (existing) positions under the Close Only mode.

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