[Coinone] Notice of Termination of Trading Support: ALEX

Hello, this is Coinone.Coinone has rigorously reviewed each virtual asset to support trading in order to create a sound virtual asset ecosystem.

In accordance with the 'Designation of Investment Warning Items and Termination of Trading Support Policy,' we hereby announce the termination of trading support for ALEX (ALEX, Stacks). Customers holding the relevant virtual asset are advised to check this notice and refer to it for your usage.

ALEX (ALEX) will be delisted through the termination of trading support by member companies of the Digital Asset eXchange Alliance (DAXA).

Reference: Notice on Designation as an Investment Warning Item: ALEX

DAXA member companies may take actions such as issuing warnings, designating items as investment warnings, and terminating trading support to protect users. Therefore, customers holding the relevant virtual asset should carefully review and refer to this notice. Reason for termination of trading support:On June 6, 2025, a security incident occurred through a vulnerability in the open-source library of ALEX (ALEX)'s protocol, and on June 9, 2025, it was designated as an investment warning item. Subsequently, we requested explanatory materials from the ALEX (ALEX) team and thoroughly reviewed the case, but no evidence was found to deem the reason for the warning designation resolved. Thus, to protect users, we are terminating trading support for ALEX (ALEX).

Key DatesSchedule for termination of trading support: August 11, 2025 (Mon), 15:00 (KST)Schedule for termination of withdrawal support: September 11, 2025 (Thu), 15:00 (KST)

Notes⁃ Deposits of the relevant virtual asset may be suspended when it is designated as an investment warning item or when trading support is terminated. If so, we will notify you separately.⁃ For virtual assets with terminated trading support, conversion to KRW is not supported, and the Travel Rule applies in all cases. Therefore, withdrawals can only be made after additional recipient information is entered or after getting approval for an external wallet withdrawal address (whitelisting).⁃ All pending orders will be automatically canceled after the trading support termination date.⁃ Existing transaction history will remain even after the withdrawal support termination date.⁃ To be able to withdraw your asset even after termination of trading support, you must issue a deposit wallet address prior to the termination of trading support.⁃ The period for termination of trading support may be shortened due to legal, regulatory, or institutional requirements or special circumstances. In such cases, we will inform you separately.- After the withdrawal support period has ended, you may still request withdrawals through the Coinone Customer Center. However, withdrawals of assets for which trading support has been terminated may incur a certain fee. (Related link) - For virtual assets with terminated trading support, technical support for mainnet changes, contract changes, airdrops, token swaps, and network updates may be discontinued. As a result, the asset’s value may decline or disappear. Please make sure to withdraw all assets within the withdrawal support period.

Coinone will continue to do its utmost to foster a sound and transparent virtual asset ecosystem.Thank you.Coinone Team

*This is information generated automatically.