In order to mitigate market risks and enhance users' trading experience, AscendEX will remove the following Leveraged token and the related trading pairs from the platform: FTT3L/USDT, FTT3S/USDT.
What you need to know:
1.The platform will suspend trading and remove the affected trading pairs on November 14, 3:00 a.m. UTC. All pending orders will be canceled.
2.When delisting, the system will automatically liquidate and sell the leveraged tokens FTT3L and FTT3S held by users, and the executed price will be subject to the net value of the token at the time of actual liquidation (rather than the best bid). At that time, the corresponding asset (USDT) will be returned to the user's cash account.
Thank you for your continued support!
The AscendEX Team