Parent company of popular crypto exchange IDEX assumes its branding

Aurora DAO, the team behind the popular decentralized cryptocurrency exchange IDEX, has announced that is has scrapped the Aurora brand and is moving everything under the IDEX name, which includes the AURA token.

IDEX has become well-known for its secure, fast, peer-to-peer trading experience. While at the same time, the IDEX parent brand, Aurora DAO, hadn’t gained as much notoriety, which for some, “Created many annoying explanations or awkward introductions.” The team further said, “We’ve learned to recognize when something isn’t working and move past it, and clearly the time is upon our parent/child brand strategy.”

Token Swap

To kick off the brand consolidation, the AURA token is being swapped for a new token called IDEX. The token swap is now live, and holders can swap at their convenience. To learn more about the token swap and how to swap tokens, check out the FAQ and swap guides below:

IDEX Swap Instructions

  1. AURA tokens must be held in a wallet the user controls. Any AURA tokens deposited on IDEX must be withdrawn to the user’s wallet. They cannot be in a third-party wallet.
  2. Ensure there is enough ETH in the same wallet used to pay the gas for the swap. IDEX recommends at least 0.005 ETH.

Initiating the Token Swap via the IDEX UI

  1. Go to, connect and unlock your AURA wallet.
  2. Navigate to the token swap tool
  3. Fill in the amount of AURA wanting to swap for IDEX. It is auto-populated with the number of tokens currently in the user’s wallet.
  4. Click “Start Swap” to initiate the swap. Note: Users with software (e.g. Metamask) or hardware (e.g. Ledger) wallets need to manually approve 2 transactions. Users with a private key or keystore will have their transactions approved automatically.

IDEX tokens will be sent back to the holders at a 1:1 ratio. The AURA sent is locked forever in the IDEX token contract. Users can now deposit or stake their IDEX tokens with no hassle. Instructions to manually swap AURA for IDEX tokens using MEW can be found here.

Other Changes/Notes

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