Dear users,

All listed tokens are under platform review on a regular basis per AscendEX Post-Listing Administration Guidelines in protection of user interest.

According to Section V of the Guidelines, the platform may take appropriate actions, including but not limited to: hiding or delisting relevant trading pairs, or delisting the token entirely, if one or more of the following scenarios occurs:

1. Trading pairs of the token fail to meet with lowest liquidity requirements stipulated within the Cooperation Agreement;
2. The Client or token is in severe violation of applicable legal and/or regulatory requirements, or subject to administrative penalty;
3. The Client commits serious aspects of fraud, concealment of truth, or fabrication of truth, etc.;
4. Any significant risk disclosure (see Section IV) AscendEX deems severe and cannot be mitigated properly after evaluation;
5. Breach of conditions and requirements stipulated within Cooperation Agreement; and,
6. Other circumstances that AscendEX deems necessary for hiding and delisting.

To enhance users' trading experience, AscendEX will remove the following trading pairs from the platform: LTO/BTC, KTN/USDT, RNBW/USDT, SHO/USDT, OIN/USDT, GARI/USDT, GT/USDT, and BEM/USDT.

What you need to know:

1. The platform will adjust as follows on July 11, 2 p.m. UTC:

  • Deposit suspension of the affected tokens except LTO.
  • Trading suspension and removal of the affected trading pairs. All pending orders will be canceled. Users can issue a withdrawal request by navigating to My Wallet.
  • Suspension and removal of OIN Staking. Staked assets in OIN Staking will be unstaked without fees and refunded to users’ cash accounts within 2-4 business days. Users can check their staking history and rewards history on the History page. 

2. Withdrawal suspension on August 8, 2:00 p.m. UTC, 2022. Withdrawals of the affected tokens (except LTO) will be ENTIRELY UNAVAILABLE on the platform. 

The AscendEX Team

Website: https://ascendex.com
Twitter: https://twitter.com/_AscendEX
Telegram Group: https://t.me/AscendEXEnglish