LBank announced on October 11 that deposits for upgraded SISC tokens are scheduled to open on October 13 at 08:00 UTC, followed by withdrawals at 10:00 UTC, as it supports a token-contract migration.
The exchange says the token name remains SISC and that eligible balances will be converted at a one-for-one ratio. Its notice also says trading has not been suspended, distinguishing the exchange's internal market from the separate opening of transfers involving the new contract.
The balance snapshot is historical, not a new October deadline. LBank identifies a snapshot taken before 09:00 UTC on August 31, when old-SISC deposits and withdrawals were suspended. The current announcement sets the October 13 schedule for the upgraded asset.
The same ticker can refer to a different contract
LBank identifies the new contract as 0x28fC5aD6DB958713014d962c06999191addFf199 and warns that it will no longer support deposits and withdrawals of old SISC after the upgrade. The published address is an asset identifier, not an exchange deposit address.
A token's displayed name is not enough to distinguish old and new contract versions. Two assets can carry the same ticker while their underlying contract addresses differ. Our Ethereum explainer describes the role of smart contracts in managing on-chain assets; a familiar label in an interface does not replace the relevant contract identity.
The migration ratio concerns token quantities. In a hypothetical account holding 200 eligible old tokens, a one-for-one conversion would correspond to 200 new tokens under the stated arrangement. It would not establish that the new position has the same market value, that the price cannot change or that the token has become less risky.
Trading and transfers have different checkpoints
A custodial exchange can match orders against balances recorded within its own system while limiting transfers through a blockchain route. That separation explains why a statement about uninterrupted trading does not contradict a later schedule for deposits or withdrawals.
It also means an executed trade is not proof that a subsequent withdrawal is available. The first changes an account's recorded position; the second asks the service to send an asset to an external destination. Each has its own operational status and completion evidence.
LBank's notice gives a scheduled opening for each transfer direction. It does not independently demonstrate that either service has already opened, and this report does not describe the October 13 timetable as a completed event. The exchange's statement about trading is likewise an attributed service statement rather than a test of every account.
The historical snapshot does not cover every later balance automatically
A snapshot defines the recorded position at a particular checkpoint. Someone assessing a later deposit, a transfer still in transit or tokens held elsewhere needs the applicable migration instructions; the mere existence of the snapshot does not settle every possible eligibility case.
The practical distinction is between the old contract, the exchange's recorded conversion cohort and the announced new transfer route. The current news is LBank's October 13 opening schedule, not an assertion that all SISC holders everywhere have been migrated or that sending old tokens will create a supported new balance.