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When is the second migration happening for coins?

Second Migration Updates | Growing Concerns Amid Uncertainty

By

Alice Wang

Mar 17, 2026, 09:24 AM

Edited By

Laura Chen

Updated

Mar 18, 2026, 10:13 AM

Instant read

Illustration showing a timeline with arrows indicating the first and second migrations of coins, highlighting user concerns about balances and KYC processes.

People are buzzing about the second migration plan for their crypto assets. While nearly 16 million pioneers completed the first migration, many still grapple with unresolved balances. Some participants now worry that a third migration might be necessary, adding to their anxiety.

Migration Timeline: Confusion Reigns

Recent discussions on forums have showcased mixed sentiments. According to users, they believe that the second migration process may have started recently, though reports vary significantly. A user shared their worries, stating, "I will probably lose some of them," highlighting key uncertainties surrounding the process.

Insights from User Forums

  • Transferable Balances: Participants discuss that the ongoing migration might only involve transferable balances, leaving unverified holdings in limbo. Some users are questioning if all balances will be included.

  • KYC Challenges: Only 26 out of 66 invitees completed the KYC process, leaving many anxious about their assets. A participant noted they received a mere 2 coins, fueling fears of losing more.

  • Community Sentiment: There is a prevalent unease about unverified balances. "You just have to wait. Hopefully, it will be quick," expressed one community member, resonating with many others.

"Isn't that the second migration?" asked another participant, reflecting the confusion.

Ongoing Concerns and Impact

  • ⚠️ Verification Roadblocks: The ongoing delays in KYC completions hinder many from accessing their assets successfully.

  • 💰 Asset Anxiety: Users fear how unverified balances could affect future transactions. The looming threat of unverified coins becoming a lost cause adds pressure.

  • 🔄 Need for Updates: Community calls for clarity in communication have increased as uncertainty lingers about future migrations.

Experts estimate that about 70% of those with unverified coins might eventually get their assets migrated successfully, provided timely KYC completion occurs—heightening worries for many. With a growing coalition voicing concerns, the essential question remains: Can the second migration process effectively address user worries?

Key Points to Note

  • △ Users are unsure if unverified balances will be included in the second migration.

  • ▽ Verification delays are seen as a significant hurdle.

  • ※ "I got my Pi from KYC validations, but it was around 2 coins" - one concerned user.