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Exchange Announcement

[Coinone] Notice of Termination of Trading Support: AARK, MNR

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  • Coinone announced the termination of trading support for AARK and MNR, stating that the deposit of these virtual assets may be suspended.
  • For AARK, it was confirmed that the asset was delisted on October 28, 2024, and for MNR, concerns about user damage led to the decision on October 15, 2024.
  • After this, Coinone stated that they would terminate trading support for AARK and MNR to strengthen investor protection.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Hello, this is Coinone. Coinone has been supporting the trading of various virtual assets by thoroughly examining each virtual asset to create a healthy virtual asset ecosystem.

According to the 'Criteria for Designation of Trading Pairs and Termination of Trading Support', we announce the termination of trading support for AARK (Arbitrum One ERC20) and MNR (Kaia KCT). Customers holding these virtual assets are advised to check this notice and refer to it for usage.

Reason for Termination of Trading Support: AARK: AARK was confirmed to be delisted from the liquidity pool on October 28, 2024, with the virtual assets such as USDC and ETH being withdrawn. It was designated as a target for termination of trading support. Subsequently, although a thorough investigation was conducted, including requesting explanatory materials from the AARK side, no data was confirmed to justify the termination of trading support. Therefore, to protect users, we will terminate the trading support for AARK. MNR: MNR was designated as a target for termination of trading support due to concerns about user damage arising from activities such as unauthorized changes in the operation and management of the issuing/operating entity, without the disclosure of important matters related to virtual assets on October 15, 2024. Subsequently, although a thorough investigation was conducted, including requesting explanatory materials from the issuing/operating entity, no data was confirmed to justify the termination of trading support. Therefore, to protect users, we will terminate the trading support for MNR.

Major Schedule for Termination of Trading Support: December 13, 2024 (Fri), 15:00 Termination of Withdrawal Support Schedule: January 12, 2025 (Sun), 15:00

Notice- The deposit of the relevant virtual assets may be suspended upon designation of the target for termination of trading support and termination of trading support. In this case, a separate notice will be provided.- In the case of virtual assets for which trading support has been terminated, the conversion value return is not possible, and Travel Rule will apply in all cases. Therefore, you can withdraw after adding withdrawal information or receiving approval to withdraw to an external address (whitelisting).- All pending orders will be canceled after the termination date of trading support.- The existing trading area will be maintained even after the termination schedule of withdrawal support.- You must provide the deposit address of the relevant virtual assets before the termination schedule of trading support to enable withdrawal support even after the termination of trading support.- The termination period of trading support may be shortened due to legal or institutional requirements and special circumstances during the termination process. In this case, a separate notice will be provided.- Even after the withdrawal support period has passed, you can request withdrawal from the Coinone customer center. However, a certain fee may occur for the withdrawal of virtual assets that are not supported for trading. (Related link) - In the case of virtual assets for which trading support has been terminated, technical support such as mainnet change, contract change, airdrop, token swap, network update, etc., may be suspended, and the value of the virtual assets may decrease or disappear. Please withdraw all virtual assets within the withdrawal support period.

Coinone will continue to strive to create a healthy and transparent virtual asset ecosystem. Thank you.

Coinone Team Dream

*This information is automatically generated.

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