The following is a notice from upbit posted on June 11th at 5:30 pm.
[Market] End of trading support on KRW pair (5 projects)
Dear Upbit users,
Trading support for the following digital assets in the KRW market will be ceased at June 18th, 2021: Maro(MARO), Paycoin(PCI), Observer(OBSR), Solve.Care(SOLVE), and Quiztok(QTCON).
[Details on the removal of the KRW market pair]
Digital Assets : MARO/KRW, PCI/KRW, OBSR/KRW, SOLVE/KRW, QTCON/KRW
Expected termination date : June 18th, 2021 12 PM (KST)
Reason of removal
: Failure to meet requirements to maintain the KRW market
Orders (buy/sell) requested will be cancelled prior to the termination date. BTC pairs will not be affected.
Upbit will always maintain a high level of transparency and sound trading environment.
Thank you
[Market] Information on digital-assets flagged with Investment Warning (25 projects)
Dear Upbit users,
25 digital assets including KMD have been flagged with Investment Warning.
If you are holding these digital assets, please read the following information.
[Reasons for the investment warning]
1) Komodo(KMD)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
2) AdEx(ADX)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
3) LBRY Credits(LBC)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
4) Ignis(IGNIS)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
5) DMarket(DMT)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
6) Einsteinium(EMC2)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
7) 12SHIPS(TSHP)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
8) Lambda(LAMB)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
9) Endor(EDR)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
10) PIXEL(PXL)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
11) Pica(PICA)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
12) ReddCoin(RDD)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
13) RINGX(RINGX)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
14) Vite(VITE)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
15) ITAM(ITAM)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
16) SysCoin(SYS)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
17) BASIC(BASIC)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
18) Nxt(NXT)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
19) BnkToTheFuture(BFT)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
20) Nucleus Vision(NCASH)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
21) Fusion(FSN)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
22) Plian(PI)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
23) Ripio Credit Network(RCN)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
24) Propy(PRO)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
25) Aragon(ANT)
Reasons for the investment warning
: 1) Team competency and business 2) Public disclosure of information and Communication 3) Technical competence 4) global liquidity for investor protection.
[Steps after the designation of the Investment Warning]
After issuing an investment warning, Upbit thoroughly reviews the digital-assets for a week to decide whether or not to terminate the transaction support.
If the reasons for receiving the investment warning are not fully resolved by the project during the given period, Upbit will make a separate announcement to notify the termination of trading support. The exact schedule for such termination will be described in the announcement.
Digital assets flagged as Investment Warnings are not allowed to be deposited after the announcement is posted.
*Only In progress deposit statuses will be reflected sequentially and it may take up to a few hours.
Upbit’s designation of digital asset Investment Warning and termination of transaction support are in accordance with the Upbit Digital Asset Transaction Support Termination Policy.
: Upbit Digital Asset Transaction Support Termination Policy
Thank you.
