Coinstore Will Delist BITS on 2024/03/08

Fellow Coinstorers,

At Coinstore, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all of our users.

When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:

• Commitment of team to project
• Level and quality of development activity
• Trading volume and liquidity
• Stability and safety of network from attacks
• Network / smart contract stability
• Level of public communication
• Responsiveness to our periodic due diligence requests
• Evidence of unethical/fraudulent conduct or negligence
• Contribution to a healthy and sustainable crypto ecosystem

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2024/03/08  18:00 PM (UTC+8): 

• BITS

Please note: 

• The exact trading pairs being removed are: BITS/USDT.
• All trade orders will be automatically removed after trading ceases in each respective trading pair.
• To view your assets after trading ceases, please ensure you have not selected “Hide small assets” in your Funds page.
• Withdrawals of BITS from Coinstore will continue to be supported until 2024-04-08 18:00 (UTC+8).
• Deposits of BITS after 2024-03-08 18:00 (UTC+8) will not be credited to your account.

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thanks for your support!

Coinstore Team

8 Mar, 2024

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