[Coinone] Notice of End of Trading Support: WEMIX

Hello, this is Coinone. Coinone has supported trading by strictly screening each digital asset in order to create a healthy virtual asset ecosystem.

In accordance with the 'Policy on Designation of Caution Items and Termination of Trading Support,' we inform you of the termination of trading support for WEMIX (WEMIX, WEMIX Mainnet). Customers who hold the relevant digital asset must check this notice and refer to it for your use.

WEMIX will have its trading support terminated by the members of the Digital Asset eXchange Alliance.

Reference materials: Notice on Designation of Caution Item: WEMIX Notice on 1st Extension of Caution Item Designation: WEMIX Notice on 2nd Extension of Caution Item Designation: WEMIX

The member companies of the Digital Asset eXchange Alliance may take measures such as warnings, designation of caution items, and termination of trading support to protect users. Therefore, customers who hold the relevant digital asset must check this notice and refer to it for your use. Reason for termination of trading support: On March 4, 2025, a malicious external attack occurred on the official WEMIX Bridge Vault, causing WEMIX to be withdrawn abnormally. In this process, the announcement of relevant important matters was delayed, and it was designated as a caution item for failing to clearly identify the cause of the incident and a compensation plan for victims. Even after requesting explanatory materials from the WEMIX Foundation and conducting a thorough review, we could not confirm materials that would lead us to believe the grounds for caution item designation have been resolved. Therefore, for user protection, we are ending trading support for WEMIX.

Main Schedule Trading support end date: June 2, 2025 (Mon), 15:00 Withdrawal support end date: July 2, 2025 (Wed), 15:00

Notes ⁃ When caution item designation or trading support ends, deposits for the relevant digital asset may be suspended. WEMIX was designated a caution item and deposits were suspended at 11:30 (KST) on March 4, 2025. (Related link) ⁃ For digital assets that have ended trading support, conversion to KRW is not possible and Travel Rule applies in all cases. Thus, after providing additional recipient information or being approved for withdrawals to an external wallet address (whitelisting), you can proceed with withdrawal. ⁃ All unfilled orders after the trading support end date will be cancelled in bulk. ⁃ Existing transaction histories will remain even after the withdrawal support period ends. ⁃ Issuing a deposit wallet address for the relevant digital asset must be completed before the trading support end date, in order for withdrawal support to remain available after trading support ends. ⁃ During the process of ending trading support, the period may be shortened due to requirements from laws, agencies, or special circumstances. In such a case, we will announce it separately. - Even after the withdrawal support period, you can request a withdrawal through the Coinone Customer Center. However, a certain amount of withdrawal fee may occur for digital assets for which trading support has ended. (Related link) - For digital assets with terminated trading support, technical support such as mainnet changes, contract changes, airdrops, token swaps, and network updates may be discontinued, and as a result, the value of the digital asset may drop or disappear. Make sure to withdraw all digital assets within the withdrawal support period.

Coinone will continue its best efforts to maintain a sound and transparent virtual asset ecosystem. Thank you. Coinone Team

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