Dear Users:
To protect our users’ best interest and to play our part in contributing to the healthy development of this industry, MEXC will delist certain tokens with lower volume and trading activity. This is done in order to prevent low-liquidity from affecting user experience. The replacement process is as follows:
Full Process
Temporarily disable deposit, withdrawal and trading
Require users to withdraw before the cut-off date after delisting
Replacement: If users are still holding the delisted token, MEXC will exchange the token into USDT based on the average closing price in the 7 days before delisting. This replace will take an estimated period of 2 weeks to complete.
Replacement
If users do not withdraw the delisted token from MEXC before the time of snapshot, MEXC will replace the tokens into USDT based on the average closing price on CoinMarketCap 7 days prior to delisting. The details will be sent through your email, please pay attention and check frequently.
Notes
Under the assumption that the network is supported, MEXC will allow for withdrawals to be done before the replacement snapshot. In the above situation, the deposits would be closed, and users’ deposits will not be reflected. After the replacement snapshot, withdrawals would be closed.
Replacing delisted tokens to USDT will require an estimated period of two weeks.
Tokens with no active trading prices on CoinMarketCap will be subject to the above conditions. However, due to liquidity, it is likely that no USDT will be converted.
[Please Note!] This is an automatic redemption and no manual operations are required. Beware of scams and fraudulent requests such as clicking on links, providing passwords or transferring money under the pretext of redemption.
Risk Reminders
Users are strongly advised to do their own research before participating. Nothing herein shall be construed to be financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.
Find us on:
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Telegram: https://t.me/MEXCEnglish
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Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
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Refer a friend to enjoy a high rebate, create your personalized invitation link today:
https://www.mexc.com/invite
Enjoy trading on MEXC.
The MEXC Team,
7 November 2021
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