Pionex will delist RLY, CRE, RCN, GRS

Dear users,

At Pionex, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users.

When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:

• The commitment of team to project
• Level and quality of development activity
• Trading volume and liquidity
• Stability and safety of network from attacks
• Network / smart contract stability
• Evidence of unethical/fraudulent conduct or negligence

According to the above factors, we will delist the following cryptocurrencies at 08:30 (UTC) on December 2nd, 2022:

• RLY(Rally)
• CRE(Carry)
• RCN(Ripio Credit Network)
• GRS(Groestlcoin)

Please note:

• Delisted trading pairs: RLY/USDT, CRE/USDT, RCN/BTC, GRS/BTC
• At the same time as the above trading pairs are delisted, the bot orders and manual orders of the corresponding trading pairs will be canceled. The orders containing RLY、CRE assets in the rebalancing bot will not be canceled, and the RLY、CRE positions in the rebalancing bot orders will be released to the trading account;
• The remaining RLY, CRE, RCN, GRS will be sold at the market price at the same time when they are delisted, and the basic tokens will be reissued to the users holding account. If you are worried about price fluctuations, closing the bot in advance or selling it manually is recommended.
• The token reissue will be completed within seven business days.

Risk warning:
Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Pionex will make its best efforts to choose high-quality assets, Pionex could not assure any profit and will not be responsible for your trading loss.

Thanks for your support!

Pionex Team
December 1st, 2022