# What happens to my tokens on centralized exchanges?

If you have tokens on a centralised exchange, no action is needed. We will work with each exchange to ensure a smooth conversion and your holdings will automatically be converted to $ASI tokens directly by the exchange.

When an exchange has converted all old tokens, the ticker will be retired from the exchange. If anyone accidentally sends the old tokens to an exchange after the conversion event, we cannot guarantee that the tokens will be available or converted to $ASI. So please keep abreast of notices and announcements from your exchanges.

If you are holding your tokens in hardware wallets or offline, a token migration mechanism will be available in the coming weeks to allow holders to exchange their tokens for $ASI.

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