Dear CoinEx users,
According to the INST token project's announcement, CoinEx will support the INST (Instadapp) token swap and rebranding to FLUID (Instadapp). To ensure our user's asset security, deposit, withdrawal, and trading services of INST will be suspended for a designated period. The details are as follows:
INST Services
1. The assets fund in INST/USDT AMM market will be refunded at 6:00 on Dec 20, 2024 (UTC).
2. CoinEx will terminate the deposit and withdrawal services of INST at 6:00 on Dec 20, 2024 (UTC).
3. INST/USDT trading pair, including spot grid and auto-invest plan will be delisted. ALL orders in this market will be canceled at 6:00 on Dec 20, 2024 (UTC).
FLUID Services
1. Deposit: 9:00 on Dec 20 (UTC)
2. Withdrawal: 9:00 on Dec 20 (UTC)
3. Trading pair: FLUID/USDT
4. Opening method: Call Auction
a. Call Auction
9:30-9:50 Dec 20 (UTC)
Orders can be placed and canceled
9:50-10:00 Dec 20 (UTC)
Orders can be placed but cannot be canceled
b. Trading
10:00 Dec 20 (UTC)
5. Service support: FLUID/USDT supports AMM, Spot Grid, and Auto-Invest Plan.
Notes
1. This renaming DOES NOT involve any on-chain asset swap.
2. During the suspended period, all unexecuted INST 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 06:00 on Dec 20, 2024 (UTC).
4. For more details, please refer to: https://gov.instadapp.io/t/rebranding-and-growth-plan-for-fluid-protocol/985
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
Dec 19, 2024