Upbit will stop supporting trading for DAD on January 31, 2025

2024-12-30 17:12:11

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ChainCatcher news, according to official sources, the South Korean exchange Upbit announced that it will stop supporting trading for DAD on January 31, 2025, at 15:00 KST. This decision is based on significant deficiencies in DAD's transparency, sustainability, and important information disclosure, which may pose potential risks of loss to users.

Previously, Upbit designated DAD as a trading warning asset on December 10, 2024, and did not receive any relevant responses to subsequent requests for clarification.

After the trading support ends, all open buy and sell orders will be automatically canceled. Users must withdraw their assets by March 2, 2025, or they will not be able to withdraw after the deadline. Additionally, after trading stops, Upbit will no longer support any airdrops, wallet upgrades, or hard fork services for DAD.

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