Dear Bitunix users,
Bitunix will support the Mines of Dalarnia (DAR) token swap and rebranding to Dar Open Network (D). 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 Mines of Dalarnia (DAR) token at 03:30 on January 4, 2025 (UTC).
Please note that any deposit of DAR token after will not be credited to your account.
Deposit for D token will open at 09:00 on January 9, 2025.
Token Swap and Redenomination
DAR tokens will assume the ticker of D for the token swap.
All DAR tokens will be swapped to D at a ratio of 1 DAR = 1 D
Spot Trading
Bitunix will delist DAR/USDT trading pair from spot market at 03:30 on January 4, 2025 (UTC).
All orders will be automatically removed after trading ceases in each respective trading pair.
Spot Trading for D/USDT will open at 10:00 on January 9, 2025 (UTC).
Futures Trading
Bitunix will close all positions on the DAR/USDT USDT-M Perpetual Futures trading pair at 08:00 on December 26, 2025 (UTC). All unfilled orders will be cancelled. DAR/USDT trading pair will be delisted after the settlement is complete. Users are advised to close any open positions prior to delisting to avoid autoDAR settlement.
In order to protect users and prevent potential risks in extremely volatile market conditions, Bitunix may undertake additional protective actions toward the DAR/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 D/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
December 20, 2024
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