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.

Based on a recent thorough review and evaluation of all listed tokens, Synchrony (SCY) will be delisted from the platform. 

What you need to know:

1. The platform will adjust as follows on January 18, 3 p.m. UTC:

  • Deposit suspension of SCY token.
  • SCY/USDT trading suspension and removal of the trading pair. All pending orders will be canceled. Users can submit a withdrawal request by navigating to Wallet.
  • Suspension and removal of SCY Pre-Staking. Staked assets in SCY Pre-Staking will be unstaked without fees and refunded to users’ cash accounts within 48 hours.

2. Withdrawal suspension of SCY token on February 15, 3:00 p.m. UTC. Withdrawals of the SCY token will be ENTIRELY UNAVAILABLE on the platform.

The AscendEX Team

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