Dear Bitunix users,
Bitunix will support the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). For more information about the rebranding, please refer to the announcement from the project team.
Deposit and Withdrawal
Bitunix will suspend the deposit and withdrawal service for FRONT token at 03:30 on August 26, 2024 (UTC).
Please note that any deposit of FRONT token after will NOT be credited to your account.
Spot Trading
Bitunix will delist FRONT/USDT trading pair from spot market at 03:00 on August 26 2024 (UTC).
All orders will be automatically removed after trading ceases in each respective trading pair. Users are suggested to cancel their unfilled orders in advance.
A separate announcement will be made regarding the listing time of SLF/USDT spot trading pair.
Futures Trading
Bitunix will close all positions on the FRONT/USDT USDT-M Perpetual Futures trading pair at 08:00 on August 23, 2024 (UTC). All unfilled orders will be cancelled. FRONT/USDT trading pair will be delisted after the settlement is complete. Users are advised to close any open positions prior to delisting to avoid automatic settlement.
In order to protect users and prevent potential risks in extremely volatile market conditions, Bitunix may undertake additional protective actions toward the FRONT/USDT trading pair without further announcement, including but not limited to adjusting the risk limit tiers, maximum leverage value, position value, and maintenance margin rate, updating funding rates, such as the interest rate and funding rate, and using the Last Price Protected mechanism to update the Mark Price.
A separate announcement will be made regarding the listing time of SLF/USDT perpetual futures trading pair.
*Risk Warning:
The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.
Regards,
Bitunix Team
August 20 2024
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