KuCoin has completed the BounceBit (BB) token swap, converting the old BB token to the new BB token at a 1:1 ratio on behalf of all users following the conclusion of the recent BounceBit security incidents. The token swap follows the earlier suspension of BB/USDT trading on August 26 and the closure of deposit/withdrawal services on August 20 for essential maintenance.
The exchange has now resumed the BB/USDT trading pair, so users can trade BB again on the platform. The completed migration marks the final step in winding down the earlier BounceBit trading and servicing interruptions.