Updates on Bitget’s Delisting Rules For Current Spot Trading Pairs

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Bitget Announcement2024/07/26 10:00

By:Bitget Announcement

Bitget conducts regular reviews of each listed digital asset to ensure they meet our platform standards. In addition to the security and stability of the digital asset network, we consider several other factors during the evaluation process, including:

● Trading volume and liquidity

● Project team participation

● Project development status

● Network or smart contract stability

● Community engagement

● Project responsiveness

● Negligence or unethical behavior Delisting Process:

Delisting process:

1. Bitget will periodically review assets on the platform. Those that do not meet the standards will receive an "ST" (Special Treatment) label and be placed on a watchlist.

Assessments are based on trading volume, number of eligible holders, and liquidity across the platform. Assets in the bottom 20% by score will be placed on the watchlist.

2. Bitget will notify the project team to make the necessary rectifications, allowing a seven-day notice period and a seven-day rectification period.

3. Assets that remain on the watchlist after the seven-day rectification period will be delisted by Bitget.

What is the ST tag? ST stands for Special Treatment. Bitget reserves the right to issue an ST tag to assets based on their performance and the severity of listing rule violations. The ST tag warns users of the added risks associated with trading these assets.

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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