Crypto.com has announced its support for the rebranding of the Omni Network (OMNI) token to Nomina (NOM). This transition will involve significant changes to how OMNI is handled within the platform and is set to be executed in a structured timeline.
Trading, deposits, and withdrawals of OMNI will continue to be available on both the Crypto.com App and the Crypto.com Exchange until September 29, 2025, at 01:00 UTC and 02:00 UTC, respectively. Following these deadlines, all OMNI functionalities will be permanently suspended.
For users holding OMNI tokens, the existing OMNI holdings will be converted into NOM tokens in a 1:75 ratio. This conversion will take into account the OMNI balances held in eligible users’ Crypto Wallets in the Crypto.com App and Spot Wallets on the Crypto.com Exchange at the time of the delisting.
In addition to the token conversion, certain operational changes will be implemented:
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Crypto.com App:
- Trading, deposits, and withdrawals of ETH-based OMNI will be paused.
- OMNI limit orders and TWAP orders will be automatically terminated.
- Trading of OMNI through Crypto Basket will cease after the Effective Date.
- OMNI will no longer be used for Card Top-Ups, and the Auto Top-Up method involving OMNI will be disabled.
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Crypto.com Exchange:
- Deposits and withdrawals of ETH-based OMNI will also be paused.
- Open OMNI Spot orders will be closed, and any active trading bots will be terminated post-Effective Date. Users are encouraged to resolve all negative OMNI balances before the deadline, as any open positions will be closed automatically.
A further announcement will follow once the token migration is complete, informing users when trading, deposits, and withdrawals of NOM will officially commence.
Customers with questions or concerns regarding these changes are advised to reach out through the support channels available on the Crypto.com platform.
