Dear CoinEx users:
Due to the network update of ARRR and AVAX project, CoinEx will suspend the deposit and withdrawal of ARRR and AVAX at the designated time as required to secure the users’ assets. The details are as follows:
ARRR and AVAX Services:
Deposit&Withdrawal close on: 11:00 January 14, 2021 (UTC)
The estimated time for the deposit&withdrawal to reopen: Depends on the update progress.
Notes:
1. During the suspension of deposit and withdrawal for ARRR and AVAX, the users will still be able to trade ARRR and AVAX and transfer between the users on CoinEx.
2. CoinEx will closely monitor the maintenance of ARRR and AVAX, and any update will be shared to our users as soon as possible to ensure the safety of our users’ assets and excellent trading experience.
About ARRR：
PirateChain (ARRR) and it’s protocol is considered to be the strongest privacy protocol by experts working on the top cryptographic privacy projects. Pirate uses zk-snarks technology on ALL of the peer to peer sends on the network providing foolproof privacy for all users. This has created the largest shielded private pool of funds of any Zcash project, including Zcash itself! Pirate has innovated since inception and drawn the map for privacy through z address integration across the ecosystem. From fully private wallets and private mining pools to private exchange deposits/withdraws, private ecommerce checkouts and more. Privacy By Default (The Most Private) Whereas many other “privacy” coins have optional privacy features, PirateChain (ARRR) is a 100% private send cryptocurrency.
About AVAX：
Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Avalanche was designed to be customizable, scalable, and interoperable. Everything on Avalanche is a subnet, and every chain is part of a subnet. Validators are required to be a member of the Primary Network; all other subnets are optional, depending on the validator.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
January 14, 2021
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Announcement on ARRR&AVAX Deposit and Withdrawal Suspension
