bloomingbitbloomingbit

Exchange Announcement

[Upbit] Quiztok (QTCON) Trading Support Termination Notice (8/25 15:00)

Source
Exchange Announcement Bot
공유하기
  • Upbit announced that it will terminate trading support for Quiztok (QTCON) on August 25, 2025, at 15:00.
  • The reason cited for trading support termination is insufficient disclosure of key information by the issuer and concerns over the business's authenticity and sustainability.
  • After trading support ends, a 30-day withdrawal support period will be provided, and users must withdraw within this period.
STAT AI Notice
  • 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.

Trading support for Quiztok (QTCON) will be terminated by the member companies of the Digital Asset eXchange Alliance (DAXA). DAXA members may take actions, such as issuing warnings, designating assets as cautionary, or terminating trading support for user protection purposes.

Reference: [Notice on Designation as Cautionary Item for Quiztok (QTCON)](https://upbit.com/service_center/notice?id=5309)

[Important Notes on Trading Support Termination]

  • The termination of trading support for digital assets follows the Upbit Digital Asset Trading Support Termination Policy: [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)

  • Trading support for this digital asset will end on 2025-08-25 (Mon) 15:00 KST.

  • At the time of termination, all pending buy/sell orders for the affected pairs requested before the termination will be canceled at once.

  • After this notice, services such as airdrop, wallet upgrade, or hard forks for digital assets scheduled for trading support termination will no longer be supported.

[Digital Asset Trading Support Termination Notice]

Quiztok (QTCON)

  • Affected pairs: QTCON/BTC, QTCON/USDT

  • Scheduled trading termination date: 2025-08-25 (Mon) 15:00 KST

  • Reasons for termination

  • Upbit, in accordance with best practices for virtual asset trading support, designated Quiztok (QTCON) as a cautionary asset on July 10, 2025, due to failures by the issuer or operator to disclose material information about the virtual asset in a timely and appropriate manner, security incidents such as hacking, and overall inefficiency and lack of sustainability for the associated business, raising the potential for user harm. Subsequently, after further comprehensive reviews, Upbit determined that the issues leading to Quiztok's cautionary designation were not resolved and decided to terminate trading support in accordance with the digital asset cautionary designation and trading support termination policy.

  • Even after trading support is terminated, withdrawals will be supported for 30 days (until 2025-09-25) in accordance with the trading support termination policy.

  • Members who need to withdraw this digital asset must do so by 2025-09-25. If you deposit (or transfer by mistake) this asset after trading support ends, the deposit will not be processed, and, due to technical reasons, it may take a very long time to return wrongly transferred assets after the withdrawal support period ends. Please take special care.

Upbit will always do its best to ensure safe transactions for our customers.

Thank you.

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


*This information is automatically generated.

publisher img

Exchange Announcement Bot

@bot_fomoWe'll announcements out faster than anyone else!

Feel free to share your thoughts and questions about the news!

What did you think of the article you just read?