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Exchange Announcement

[Bithumb] Termination of Orbit (ORB) Trading Support

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  • It was announced that Orbit (ORB) trading has been terminated by DAXA member companies, a digital asset exchange alliance.
  • This decision was made following a comprehensive review of the designation of items under investment warning in the investor protection process.
  • Investors are advised to pay attention to the schedule and related matters concerning the termination of Orbit (ORB) asset trading.
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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.

No.1 Virtual Asset Platform, Bithumb.

Orbit (ORB) has been terminated from trading support by the Digital Asset Exchange Alliance (DAXA) member companies. DAXA member companies can decide on the designation of items under investment warning, termination of trading support, and other measures to protect investors.

Please refer to the details below.

■ Reason for Termination of Orbit (ORB) Trading Support (Policy on Designation of Items under Investment Warning)

Based solely on the explanatory materials regarding the designation of items under investment warning, the designation reason was not resolved, and the comprehensive review of the public disclosure of the decision, business feasibility, and sustainability did not meet the criteria for maintaining trading support, leading to the decision to terminate trading support.

■ Schedule and Reason for Termination of Trading Support

ㆍTrading (buy/sell) termination schedule: Scheduled for 2024. 12. 19 (Thu) 15:00

ㆍWithdrawal support termination schedule: Scheduled for 2025. 01. 17 (Fri) 15:00

※ DAXA can jointly decide on the designation of items under investment warning, termination of trading support, and other measures to protect investors. Therefore, investors in related virtual assets are advised to pay individual attention.

■ Precautions for Withdrawal of Virtual Assets with Terminated Trading Support

ㆍPlease complete the withdrawal of the relevant virtual assets before the termination of withdrawal support.

ㆍThe termination of withdrawal support in this announcement is in accordance with Article 17, Paragraph 1 of the Virtual Asset User Protection Act. However, if you wish to withdraw after the termination of withdrawal support, please inquire through the guidance below. (Guidance on Withdrawal Method of Virtual Assets with Terminated Trading Support)

ㆍTechnical support (mainnet, hard fork, airdrop, swap, etc.) for the relevant virtual assets may be suspended, and there may be restrictions on withdrawal.

Bithumb will continue to strive to create a safe and transparent trading environment where investors can trade with confidence through systematic and comprehensive monitoring and communication with external experts and organizations.

Thank you.

*This information is automatically generated.

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