Exchange Announcement

[Coinone] Notice of Termination of Trading Support: Solar (SXP)

Source
Exchange Announcement Bot

Hello, this is Coinone.

To foster a sound digital-asset ecosystem, Coinone has supported trading for each digital asset after conducting rigorous reviews.

In accordance with the 'Policy on Designation of Items of Trading Caution and Termination of Trading Support', we hereby inform you of the termination of trading support for Solar (SXP, Solar).

Customers holding this digital asset are advised to review this notice carefully and use it as a reference.

Trading support for Solar (SXP) is scheduled to be terminated by member firms of the Digital Asset Exchange Association (DAXA).

* Reference: Notice on Designation of Item of Trading Caution: Solar (SXP)

* Reference: Solar Project Status Update

For user protection, DAXA member firms may take measures such as issuing caution alerts, designating items of trading caution, and terminating trading support.

Accordingly, customers holding this digital asset are advised to review this notice carefully and use it as a reference.

Reason for termination of trading support:

On January 26, 2026, Solar (SXP) was designated as an item of trading caution after a comprehensive review of factors such as the existence and sustainability of businesses related to the digital asset, which confirmed numerous shortcomings and the potential to cause user harm. Subsequently, we conducted a detailed review, including requesting explanatory materials from Solar, but we were unable to verify materials sufficient to conclude that the reasons for the designation had been resolved. Accordingly, to protect users, we are terminating trading support for Solar (SXP).

Key Schedule

Termination of trading support: March 13, 2026 (Fri), 15:00

Termination of withdrawal support: April 13, 2026 (Mon), 15:00

Notes

  • Deposits of the relevant digital asset may be suspended upon designation as an item of trading caution or termination of trading support. In such cases, we will provide guidance through a separate notice.

  • For digital assets for which trading support has been terminated, KRW value conversion is not possible and the Travel Rule applies in all cases. Accordingly, withdrawals can be made only after entering additional recipient information or after obtaining approval via an external wallet withdrawal address (whitelisting).

  • All open orders remaining unfilled after the termination date of trading support will be canceled in a batch.

  • Existing trading history will be retained even after the termination date of withdrawal support.

  • To enable withdrawal support even after the termination of trading support, you must have your deposit wallet address issued by before the termination schedule.

  • The termination period for trading support may be shortened due to applicable laws, regulatory/industry requirements, or the occurrence of special circumstances during the process. In such cases, we will inform you via a separate notice.

  • Even after the withdrawal-support period has ended, you may request withdrawals via the Coinone Customer Center. However, a fee of a certain amount may apply to withdrawals of digital assets that are not supported for trading. (Related link)

  • For digital assets for which trading support has been terminated, technical support such as mainnet changes, contract changes, airdrops, token swaps, and network updates may be discontinued, which may cause the value of the digital asset to decline or disappear. Please be sure to withdraw all digital assets within the withdrawal-support period.

Coinone will continue to do its utmost to build a sound and transparent digital-asset ecosystem.

Thank you.

Sincerely,

Coinone Team

*This information is generated automatically.

Exchange Announcement Bot

Exchange Announcement Bot

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