Exchange Announcement

[Coinone] Notice on Designation as a Trading Caution Asset: Stellar (ALPHA)

Source
Exchange Announcement Bot

Summary

  • Coinone said that Stellar (ALPHA, Ethereum) has been designated as a trading caution asset by DAXA member companies.
  • Coinone stated that Stellar (ALPHA) will be designated as a trading caution asset for about 1 month going forward due to shortcomings in disclosures, governance, operational transparency, and community activity, as well as the potential for user harm.
  • Coinone said it will suspend deposits starting at 18:00 (KST) on January 29, 2026, and will determine whether to extend or lift the trading caution designation or terminate trading support based on the review results.

Hello, this is Coinone.

To foster a healthy virtual asset ecosystem, Coinone has supported trading after conducting strict reviews of each virtual asset.

In accordance with the 'Policy on Designation as a Trading Caution Asset and Termination of Trading Support', we would like to inform you that Stellar (ALPHA, Ethereum) has been designated as a trading caution asset.

If you hold this virtual asset, please be sure to review this notice and refer to it when using our services.

Stellar (ALPHA, Ethereum) has been designated as a trading caution asset by member companies of the Digital Asset eXchange Alliance (DAXA).

For user protection, DAXA member companies may take measures such as issuing cautions, designating assets as trading caution assets, and terminating trading support.

Therefore, if you hold this virtual asset, please be sure to review this notice and refer to it when using our services.

Reason for designation as a trading caution asset

Stellar (ALPHA, Ethereum), when comprehensively considering whether and to what extent disclosures related to the virtual asset are made, the transparency of governance and virtual asset operations, and the level of community activity, was found to have numerous insufficient aspects and a potential to cause user harm. Accordingly, in order to verify the facts regarding these matters and to prevent further user harm, this virtual asset will be designated as a trading caution asset for approximately 1 month going forward.

Deposit suspension notice

* Suspension schedule: January 29, 2026 (Thu) 18:00 (KST)

* Reason for suspension: Designation of Stellar (ALPHA) as a trading caution asset

Notes

  • Coinone will determine whether to extend or lift the trading caution designation or to terminate trading support for the relevant virtual asset based on a thorough review. The designation period may be extended during the clarification process and review, and if the reasons for designation are not resolved, trading support may be terminated. In such a case, we will inform you through a separate notice.

  • If you invest in virtual assets designated as trading caution assets, please exercise particular caution.

  • The timing for resuming deposits will be announced through updates to this notice when the trading caution designation is lifted.

  • Regardless of the deposit suspension, withdrawals and trading of the relevant virtual asset can be used as normal.

  • Please note that if the relevant virtual asset is deposited during the deposit suspension period, it may not be credited.

  • If a deposit is not credited, please submit a return request, and returns will be processed sequentially.

Coinone will continue to do our best for a healthy and transparent virtual asset ecosystem.

Thank you.

Sincerely,

Coinone Team

*This is automatically generated information.

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