Exchange Announcement
[Coinone] Notice of Termination of Trading Support: TEMCO
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- TEMCO (TEMCO) announced the termination of virtual asset trading support.
- Investors should closely monitor the impact of TEMCO's trading suspension on asset value.
- The termination of trading support for TEMCO (TEMCO) is scheduled to start on November 6, 2024.
- 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 supported trading by rigorously examining each virtual asset to create a healthy virtual asset ecosystem. According to the 'Criteria for Designation of Trading Warning and Termination of Trading Support', we announce the termination of trading support for TEMCO (TEMCO, Kaia KCT). Customers holding the relevant virtual asset are requested to check this notice and refer to it for usage.
Reference Materials: Notice of Designation of Trading Warning: ORB, Reason for Termination of Trading Support for TEMCO: It was confirmed that there was a risk of user damage due to changes without proper reasons, such as important matters related to virtual assets not being disclosed by November 6, 2024, and it was designated as a trading warning. Subsequently, although we conducted a thorough investigation, no sufficient evidence was found to conclude that the reason for the designation of the trading warning was resolved. Therefore, to protect users, we will terminate the trading support for TEMCO.
Main Schedule for Termination of Trading Support: December 22, 2024 (Sun), 15:00 Termination of Withdrawal Support Schedule: January 21, 2025 (Tue), 15:00
Precautions - When the trading support is terminated, the deposit of the relevant virtual asset may be suspended. In this case, we will notify you separately through an announcement.- In the case of virtual assets for which trading support has been terminated, conversion to cash value is not possible, and travel rules apply in all cases. Therefore, you can withdraw after adding withdrawal information or receiving approval for external withdrawal addresses (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 withdraw the deposit address of the relevant virtual asset before the termination schedule of trading support to enable withdrawal support even after the termination.- During the termination process of trading support, the period may be shortened due to legal or institutional requirements and special circumstances. In this case, we will notify you separately through an announcement.- Even after the withdrawal support period has passed, you can request withdrawal through the Coinone customer center. However, a certain fee may occur for withdrawals of virtual assets not supported by trading. (Related link) - In the case of virtual assets for which trading support has been terminated, technical support such as mainnet changes, contract changes, airdrops, token swaps, and network updates may be suspended, and accordingly, the value of the virtual asset may decrease or disappear. Please withdraw all virtual assets within the withdrawal support period. Coinone will continue to strive for a healthy and transparent virtual asset ecosystem. Thank you. Coinone Team Dream
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