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 07:00 (UTC) on December 24th, 2022:
- YAM(YAM V3)
- VALUE(Value Liquidity)
- MTA(mStable Governance Token)
- SWRV(Swerve)
Please note:
- Delisted trading pairs:YAM/USDT, VALUE/USDT, MTA/USDT, SWRV/USDT.
- 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 YAM, VALUE, MTA, SWRV assets in the rebalancing bot will not be canceled, and the YAM, VALUE, MTA, SWRV positions in the rebalancing bot orders will be released to the trading account.
- Pionex will complete and support the withdrawal service of the above-mentioned assets on December 21st, 2022 (UTC). When the assets are delisted, the deposit service will be closed, and your deposit will not be credited afterward.
- Users can withdraw before March 21st, 2023 (UTC), The withdrawal function will be closed after March 21st, 2023 (UTC).
- After the assets are delisted, they might not be withdrawn because they are less than the minimum withdrawal amount. In order to avoid losses, please withdraw assets in advance.
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 20th, 2022
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