Pionex will delist FTT-related leveraged tokens & Arbitrage Will delist FTT Token

Dear users,

Due to the affection by the upstream FTT futures delisting issue, Pionex will delist FTT-related leveraged tokens and arbitrage will delist FTT tokens at 14:30 on November 13th, 2022 (UTC) .

Leveraged tokens: FTT2S, FTT2L, FTT3S, FTT3L
Arbitrage: FTT

Please note:

• FTT leveraged tokens will be sold at the market price while delisting, and the converted USDT will be credited to the users' trade wallets within 5 working days.
• Pionex will automatically close the position of FTT Arbitrage orders at 13:30 on November 13th, 2022 (UTC). Users will not be able to create new Arbitrage orders, and it is recommended to manually close Spot-Futures Arbitrage Bot in advance. The loss caused by manually closing the bots will be compensated by Pionex SAFU Program.
• Pionex will terminate the subscription function on FTT Lending at 13:30 on November 13th, 2022 (UTC). The subscribed FTT can be redeemed. 
• All existing bot trading orders and manual orders trading on FTT2S, FTT2L, FTT3S, and FTT3L will be canceled and will be sold by the system automatically.

To ensure the legal rights and interests of Pionex users, please ensure that you have properly processed the FTT-related leveraged tokens and Spot-Futures Arbitrage orders before delisting. 

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
Nov 13th, 2022