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Exchange Announcement

[Upbit] Notice on Termination of Trading Support for FOR (12/11 19:00)

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Exchange Announcement Bot
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  • Upbit announced that the trading support for FOR is scheduled to end on December 11, 2024.
  • This decision was made due to the confirmation of insufficient trading volume and related issues.
  • Withdrawals will be possible for 30 days after the termination of trading support, but delays may occur due to technical reasons.
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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 Upbit, the most trusted global standard digital asset exchange.

We are announcing the termination of trading support for FOR.

  • Reference: [[Trading] Notice on Designation of FOR as a Cautionary Item](https://upbit.com/service_center/notice?id=4604)

[Notice on Termination of Trading Support]

  • The termination of trading support for digital assets is in accordance with Upbit's digital asset trading support termination policy. : [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)

  • The trading support for the digital asset will end on 2024-12-11 (Wed) at 19:00 KST.

  • Upon termination of trading support, any orders (buy/sell) requested before the termination will be uniformly canceled.

  • After this announcement, services such as airdrop, wallet upgrade, and hard fork for the digital asset scheduled for termination will not be supported.

[Notice on Termination of Digital Asset Trading Support]

FOR

  • Target Market: FOR/BTC

  • Scheduled Termination Date: 2024-12-11 (Wed) 19:00 KST

  • Reason for Termination

  • Upbit confirmed that the trading volume of FOR was insufficient, and requested an explanation from the issuer, but no satisfactory response was received. Considering the significant issues such as the substantial changes in business operations, public disclosure, and the clarity and integrity of the changes, it was designated as a cautionary item on October 29, 2024. Since then, no satisfactory response was received regarding the reason for designation as a cautionary item. Upbit determined that the reason for designation as a cautionary item was not resolved, and decided to terminate the trading support in accordance with the digital asset trading support termination policy.

  • Even if the market trading support for the digital asset is terminated, withdrawals will be supported for 30 days from the termination date (until 2025-01-10) in accordance with the trading support termination policy.

  • Members who need to withdraw the above digital asset are requested to do so before 2025-01-10.

*In case of deposit (or transfer) of assets whose trading support has been terminated, the deposit will not be reflected, and due to technical reasons, the return (transfer) may take a very long time, so please be cautious.

Upbit will always strive to provide the best service for the safe trading of our customers.

Thank you.

※ Virtual assets are high-risk products and may result in loss of all or part of the investment.

*This information is automatically generated.

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