Dear CoinEx users,
According to the official announcement, CoinEx will support the token merger of CUDOS (CUDOS) and FET (Artificial Superintelligence Alliance), and the conversion ratio is 1 CUDOS = 0.008449942540390725 FET. To ensure our users' asset security, deposit, withdrawal, and trading services of CUDOS will be suspended. The details are as follows:
CUDOS Services
1. The deposit and withdrawal services of CUDOS have been suspended.
2. AMM fund in CUDOS/USDT trading pair will be refunded at 09:30 on Oct 3, 2024 (UTC).
3. CUDOS/USDT trading pair, including the spot grid and auto-invest plan will be delisted. All orders in this market will be canceled at 10:00 on Oct 3, 2024 (UTC).
4. After finishing the merging issue, will be subsequently announced.
Attention
1. All CUDOS will be merged to the FET, CoinEx will no longer support the deposit and withdrawal services for CUDOS tokens, so please confirm again before depositing in case of unnecessary asset loss.
2. During the suspended period, all unexecuted CUDOS orders will be systematically closed, and related assets will be returned to your spot account.
3. If there are any ongoing trading strategies, please make adjustments in advance. Otherwise, the trades will be terminated automatically at 10:00 on Oct 3, 2024 (UTC).
4. Trading services of FET on CoinEx will NOT be affected during this period.
5. For more token merger info, please refer to Navigating the CUDOS to FET Token Merger: What You Need to Know
6. According to the official announcement, there will be a 3-month vesting period for swapping CUDOS tokens to FET tokens. After the CUDOS swap is completed, CoinEx will distribute FET tokens to users in proportion. Please be patient and thank you for your understanding.
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
Oct 3, 2024