Bitkub Online Co., Ltd. (‘’the Company’’) has considered delisting Raiden Network Token (RDN) as the asset is no longer qualified for Bitkub’s listing policy annual review of 2021. The reasons include but are not limited to the following:
- Lack of development activity for a long period of time
- Lack of cooperation for providing information, and unresponsiveness to our periodic due diligence requests
- Low level of public communication
- Lack of users of products from the roadmap
Due to the listed reasons above, the Company has decided to follow the delisting process as scheduled below:
Time | Operation |
23 December 2021 at 9:00 PM (GMT+7) | Bitkub will post DE sign (Delist)** with the RDN symbol.
Remark: Please trade with caution of price volatility and improper trading practices. (Learn more about improper trading practices) |
30 December 2021 at 7:00 PM (GMT+7) | Bitkub will permanently cease to support RDN trading and deposit to delist RDN from the exchange.
Remarks:
|
29 January 2022 at 11:59 PM (GMT+7) | Bitkub will permanently cease to support RDN withdrawal to remove RDN wallets from the system. Customers whose RDN holdings remain in their wallets after the cease of withdrawal are suggested to contact our Customer Support team for further assistance. |
**DE (Delist) represents a cease of digital asset trading to delist the asset from the exchange within a given period. (Learn more about Warning Signs)
Remark:
The Company may need to temporarily suspend the RDN withdrawal in case of a high volume of RDN withdrawal requests that decrease the coin reserves level. Should this event occur, we will do our best to complete the asset readjustment as soon as possible and publish an announcement immediately to keep our customers updated.
We apologize for any inconvenience caused.
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