South Korean crypto exchange Bithumb has placed AZIT, CUDIS, FANC, TEMCO, EGG and STAT under a trading caution designation starting today. The exchange said the move was based on the tokens failing to meet its standards for combined market capitalization and trading volume across domestic and overseas exchanges. Bithumb will suspend deposits for the six tokens from 16:00 on July 16. A follow-up notice on whether the designation will be extended, lifted, or lead to trading termination is expected in the third week of October. The update was reported by Odaily.
South Korean crypto exchange Bithumb has designated AZIT, CUDIS, FANC, TEMCO, EGG and STAT as trading caution items starting today, according to Odaily.
Bithumb said the tokens did not meet its standards for combined market capitalization and trading volume across domestic and overseas exchanges. Deposits for the six tokens will be suspended from 16:00 on July 16.
The exchange said a later notice on whether the designation will be extended, lifted, or result in trading termination is expected in the third week of October.
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