Dear CoinEx users,
According to the CryptoGPT project's announcement, CoinEx will support GPT (CryptoGPT) token name change to LAI (LayerAI). To ensure your asset security, deposit and withdrawal services of GPT will be suspended for a designated period. The details are as follows.
GPT Services
1. CoinEx will terminate the deposit and withdrawal services of GPT at 03:00 on May 23, 2023 (UTC).
2. AMM fund in GPT/USDT trading pair will be refunded at 02:30 on May 23, 2023 (UTC).
3. GPT/USDT market will be delisted and ALL orders in this market will be canceled at 03:00 on May 23, 2023 (UTC).
LAI Services
1. Deposit and withdrawal services of LAI will be opened at 09:00 on May 23, 2023 (UTC).
2. CoinEx will list LAI/USDT trading pair at 09:00 on May 23, 2023 (UTC) and support Automated Market Making (AMM):
Opening method: Call Auction
a. Call Auction
09:00-09:50 May 23, 2023 (UTC) Orders can be placed and canceled
09:50-10:00 May 23, 2023 (UTC) Orders can be placed but cannot be canceled
b. Trading
10:00 May 23, 2023 (UTC)
Notes
1. The renaming does not involve smart contract swap, so your deposited GPT will be credited as LAI automatically.
2. During the suspended period, all unexecuted GPT orders will be systematically closed, and related assets will be returned to your spot account.
3. For more token swap info, please refer to Twitter
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
May 22, 2023