Coinut will not make new Crypto Assets available to be traded on its Platform without a thorough review of the product. Any new Crypto Asset will require the approval of the Product Due Diligence Committee (the “PDDC”). The PDDC will also review existing listings that may have become securities and/or derivatives and make a decision as to whether to delist them.
When Coinut decides to discontinue support for trading in a Crypto Asset on the Platform, it will take the following steps:
- Coinut will send its users notices through user interfaces, emails, mobile push notifications, social media posts, etc. to notify them of the delisting of the Crypto Asset.
- Coinut will delist the relevant trading pairs from the trading interfaces and stop deposits of the Crypto Asset (although withdrawals of the Crypto Asset will still be available).
- Coinut will periodically send out notices to its users that still have a balance of the Crypto Asset credited to their accounts to remind them to withdraw the remaining balances.
- After all users withdraw their Crypto Asset balances, Coinut will remove the withdrawal interfaces for the Crypto Asset from the Platform.
(Last updated: )