Exchange Announcement

[Coinone] Notice of Termination of Trading Support: Stella (ALPHA)

Source
Exchange Announcement Bot

Hello, this is Coinone you can trust.

Coinone has supported trading for each virtual asset after conducting rigorous reviews in order to build a sound virtual asset ecosystem.

In accordance with the "Designation of Cautionary Assets and Termination of Trading Support Policy", we would like to inform you that trading support for Stella (ALPHA, Ethereum) will be terminated.

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

Trading support for Stella (ALPHA) is scheduled to be terminated by member exchanges of the Digital Asset eXchange Alliance (DAXA).

* Reference: Notice of Designation as a Cautionary Asset: Stella (ALPHA)

DAXA member exchanges may take measures such as issuing cautions, designating cautionary assets, and terminating trading support for user protection.

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

Reason for termination of trading support:

Stella (ALPHA) was designated as a cautionary asset after a comprehensive assessment found multiple insufficient areas—such as whether and to what extent disclosures related to the virtual asset are made, the transparency of governance and asset operations, and the level of community activity—and confirmed the possibility of causing user harm. We subsequently conducted a close review to determine whether the reasons for the designation had been resolved; however, no materials were identified that would allow us to conclude that the grounds for the cautionary designation have been addressed. Accordingly, to protect users, Coinone will terminate trading support for Stella (ALPHA).

Key Schedule

Termination of trading support: March 30, 2026 (Mon), 15:00

Termination of withdrawal support: April 30, 2026 (Thu), 15:00

Notes

  • When trading a virtual asset for which termination of trading support has been decided, please be mindful of sharp price volatility.

  • Deposits of the relevant virtual asset may be suspended upon designation as a cautionary asset or termination of trading support. In such cases, we will provide guidance through a separate announcement.

  • For virtual assets whose trading support has been terminated, KRW value conversion is not possible, and the Travel Rule applies in all cases. Accordingly, you may withdraw only after entering additional recipient information or obtaining approval via an external wallet withdrawal address (whitelisting).

  • All open orders that remain unfilled after the termination date of trading support will be canceled in bulk.

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

  • You must have a deposit wallet address issued for the relevant virtual asset by the trading support termination date in order to be able to withdraw even after trading support ends.

  • The termination period may be shortened due to the occurrence of requirements or special circumstances arising from laws and regulations or requests from institutions during the termination process. In such cases, we will notify you through a separate announcement.

  • Even after the withdrawal support period has ended, you may request a withdrawal through Coinone Customer Support. However, a certain fee may be charged for withdrawals of virtual assets that are 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 suspended, and as a result, the value of the virtual asset may decline or disappear. Please be sure to withdraw all virtual assets within the withdrawal support period.

Coinone will continue to do our best to foster a sound and transparent virtual asset ecosystem.

Thank you.

Sincerely,

Coinone Team

* This information is generated automatically.

Exchange Announcement Bot

Exchange Announcement Bot

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