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    Announcements Gate.io to Delist Crypto Unicorns (CU)

    Gate.io to Delist Crypto Unicorns (CU)

    2024-10-12 09:54:54 UTC 31638 Read

    Gate.io has conducted a thorough reevaluation of Crypto Unicorns (CU) and determined that it no longer meets our platform’s trading criteria. As a result, Gate.io will delist Crypto Unicorns (CU) from the trading market, including CU_USDT spot trading pair and quant grid trading. However, withdrawal services for Crypto Unicorns (CU) will continue to be provided for one month.

    Details:
    1) Gate.io has suspended the deposit service for Crypto Unicorns (CU).
    2) Gate.io will suspend the trading service for Crypto Unicorns (CU), including CU_USDT spot trading pair and quant grid trading, starting from October 20, 2024, 03:00 UTC.
    3) Users with ongoing quant grid trading of Crypto Unicorns (CU) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before October 20, 2024, 03:00 UTC.
    4) Users unwilling to participate in the buyback after the delisting are advised to withdraw your Crypto Unicorns (CU) holdings as soon as possible to avoid potential losses.
    5) Users holding Crypto Unicorns (CU) on Gate.io after November 2, 2024 can apply for a buyback by filling out a form. Gate.io will buy back Crypto Unicorns (CU) at a price of 0.00375 USDT, with a maximum compensation limit of 100 USDT per user.

    To apply for the compensation, users must fill out the provided form between November 2, 2024, 16:00 UTC and November 9, 16:00 UTC.

    Form Link: https://www.gate.io/questionnaire/5286
    Withdraw Crypto Unicorns (CU): https://www.gate.io/myaccount/withdraw/CU


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    Gate.io Team
    October 12th,2024

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