Dear Customer,
We at CoinDCX regularly review each crypto asset listed on our platform to ensure that it continues to meet the high level of standard we expect. When an asset no longer meets this standard or the industry changes, we conduct an in-depth review and potentially delist it and/or reduce leverage.
In an effort to maintain the same standard, we will delist and cease trading on the below mentioned perpetual Futures pair :
Pair: TOMO/USDT
When: Contracts will be settled between 11:30 AM and 01:00 PM (IST) on Monday, November 13, 2023.
Procedure:
- Funding will be applied on the open position till the time it is settled/closed.
All open orders in the said contracts will be canceled at the time of settlement. - All open positions in the relevant contracts will be closed at the market price at the time of settlement.
- Once the contract is settled then the respective P&L will be added/deducted from the respective settlement currency wallet (i.e. USDT).
Please note: Exit orders are market orders and there is no price protection in these. You may encounter slippages at the time of order closure.
We regret the inconvenience this may cause, but we assure you that we’re taking this step keeping in mind the long-term safety of your investments.
For any further queries, please get in touch with our support team.
Regards,
Team CoinDCX
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