[Coinone] Notice of Termination of Trading Support: KSP

Hello, this is Coinone.

Coinone has supported trading by strictly reviewing each virtual asset to create a sound virtual asset ecosystem.

In accordance with the 'Designation of Trading-Caution Items and Termination of Trading Support Policy', we announce the termination of trading support for Clayswap (KSP, Kaia).

Customers holding the relevant virtual asset must check this notice and refer to it when using the service.

Clayswap (KSP) is scheduled to have its trading support terminated by member companies of the Digital Asset Exchange Association (DAXA).

* Reference:__Notice of Designation as a Trading-Caution Item: KSP

DAXA member companies may take measures such as issuing cautions, designating trading-caution items, and terminating trading support to protect users.

Therefore, customers holding the relevant virtual asset must check this notice and refer to it when using the service.

Reason for Termination of Trading Support

Clayswap (KSP) was designated as a trading-caution item on September 19, 2025 after it was confirmed that there were multiple inadequate aspects regarding the rationality and transparency of the important change procedure, trading and adoption status, community activity, etc., and that there was a possibility of causing user harm. We subsequently requested explanatory materials from Clayswap and conducted a thorough review, but no materials were found that would justify judging that the reasons for the designation as a trading-caution item had been resolved. Therefore, to protect users, we will terminate trading support for Clayswap (KSP).

Key Schedule

Trading support termination schedule: November 17, 2025 (Mon), 15:00

Withdrawal support termination schedule: December 17, 2025 (Wed), 15:00

Important Notes

• When an asset is designated as a trading-caution item or trading support is terminated, deposits of the relevant virtual asset may be suspended. In such a case, we will notify you through a separate announcement.

• For assets whose trading support has been terminated, it is impossible to convert their value to KRW, and the Travel Rule applies in all cases. Therefore, withdrawals can only be made after entering additional recipient information or after obtaining approval for the external wallet withdrawal address (whitelisting).

• All unsettled orders after the trading support termination date will be canceled.

• Existing transaction history will remain even after the withdrawal support termination schedule.

• You must generate the deposit wallet address for the relevant virtual asset before the trading support termination schedule in order to be able to withdraw after the termination.

• During the process of terminating trading support, the trading support termination period may be shortened due to legal or regulatory requirements or the occurrence of special circumstances. In this case, we will inform you via a separate notice.

• Even after the withdrawal support period has passed, you can request withdrawals through the Coinone Customer Center. However, a fee may be charged for withdrawals of assets not supported for trading. (Related link)

• For virtual assets whose trading support has been terminated, technical support such as mainnet changes, contract changes, airdrops, token swaps, and network updates may be discontinued, which may result in the asset's value decreasing or disappearing. Please make sure to withdraw all virtual assets within the withdrawal support period.

Coinone will continue to make its best efforts to ensure a sound and transparent virtual asset ecosystem.

Thank you.

The Coinone Team

*This information is generated automatically.