Dear CoinEx users,
CoinEx plans to rename TRUMP (MAGA) to MAGATRUMP (MAGA) on Jan 23, 2025 (UTC). The details are as follows:
TRUMP Services
1. CoinEx will terminate the deposit and withdrawal services of TRUMP at 03:00 on Jan 23, 2025 (UTC).
2. CoinEx will delist TRUMPUSDT linear contract at 03:00 on Jan 23, 2025 (UTC).
- The settlement price is: 0.7210 USDT
- After delisting, all submitted orders in the above markets will be canceled.
- For users holding positions of the above Linear Contracts, please close your positions in advance, or they will be automatically liquidated at 03:00 on Jan 23, 2025 (UTC).
3. The crypto loan service of TRUMP/USDT margin trading pair will be suspended on Jan 20, 2025 (UTC). CoinEx will delist TRUMP/USDT margin trading pair at 03:00 on Jan 23, 2025 (UTC).
- After delisting, submitted orders would be canceled, and the returned asset would be transferred from Margin Account to Spot Account.
- Users holding positions of the above margin trading pairs should close them in advance. If not, CoinEx will close them automatically at 03:00 Jan 23, 2025 (UTC), regardless of whether the Crypto Loan expires or not.
4. TRUMP/USDT trading pair, including spot grid and auto-invest plan will be delisted. ALL orders in this market will be canceled at 06:00 on Jan 23, 2025 (UTC).
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During the suspended period, all unexecuted TRUMP orders will be systematically closed, and related assets will be returned to your spot account.
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If there are any ongoing trading strategies, please make adjustments in advance. Otherwise, the trades will be terminated automatically at 06:00 on Jan 23, 2025 (UTC).
MAGATRUMP Services
1. Deposit: 9:00 on Jan 23 (UTC)
2. Withdrawal: 9:00 on Jan 23 (UTC)
3. Trading pair: MAGATRUMP/USDT
4. Opening method: Call Auction
a. Call Auction
9:00-9:20 Jan 23 (UTC)
Orders can be placed and canceled
9:20-9:30 Jan 23 (UTC)
Orders can be placed but cannot be canceled
b. Trading
9:30 Jan 23 (UTC)
5. Service support: MAGATRUMP/USDT supports AMM, Spot Grid, and Auto-Invest Plan.
Notes: This rename DOES NOT involve any on-chain asset swap.
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
Jan 20, 2025