Delisting IRIS, KEY, OAX and REN on 2024-12-10
27/11/2024

Dear Nami Community,


Nami Exchange and its partners will periodically conduct a review of each digital asset that Nami lists to ensure that the token continues to meet the high standards expected by the community. When a token no longer meets this standard, we will conduct a more in-depth review and potentially delist it. Nami Exchange does this to ensure the best interests of Nami users and the Nami community.


When making assessments, Nami will consider many factors, here are some criteria for evaluating tokens on Nami Exchange:

  • The team's commitment to the project
  • Level and quality of project development activities
  • Trading volume and liquidity
  • The stability of Smartcontract
  • Level of public communication
  • Evidence of unethical/fraudulent behavior or operational errors.
  • Contribution to a general healthy and sustainable cryptocurrency ecosystem…

Based on latest announcement from partner Binance and most recent reviews of Nami Exchange, we have decided to delist spot and swap trading with IRISnet (IRIS), SelfKey (KEY), OAX (OAX) and Ren (REN) at 2024-12-10 03:00 (UTC).


Specifically:

Futures trading:

  • At 2024-12-03 08:30 (UTC), Nami will suspend trading for the KEY/ VNST, KEY/USDT, REN/VNST, REN/USDT contracts. Please note that users are allowed to close any existing positions after this time.
  • At 2024-12-03 09:00 (UTC), Nami will close all positions, conduct an automatic settlement and cancel all pending orders on the KEY/ VNST, KEY/USDT, REN/VNST, REN/USDT contracts, and delist those contracts after the settlement is complete. Users are advised to close any open positions prior to above mentioned time to avoid automatic settlement.

Spot trading, Swap, Deposits - Withdrawals, Nami Earn and Auto-Invest:

  • All spot and swap trading with these tokens will be stopped, all spot and swap trading pairs related will also be removed from 2024-12-10 03:00 (UTC)
  • All limit spot trading orders will be closed automatically after delisting
  • Deposits after 2024-12-11 03:00 (UTC) will not be credited to your account
  • Withdrawals will continue to be supported until 2025-02-12 03:00 (UTC)
  • Nami Earn will delist the token(s) mentioned above after 2024-12-06 03:00 (UTC). Users may choose to redeem their Flexible Product positions beforehand. Otherwise, these Flexible Product positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Wallets.
  • Nami Auto-Invest will delist the token(s) mentioned above after 2024-12-10 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.

Best regards,


More information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
___

Download Nami Exchange at:

Or website: https://nami.exchange/

Nami’s community: