To ensure a robust trading environment and safeguard traders’ interests, Zoomex regularly reviews all listed tokens. If a token fails to meet Zoomex's high listing standards, the team will conduct a comprehensive review, which may lead to the delisting of the token and its trading pair.
Delisting Process
Upon a token’s delisting, the following actions may take place:
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Suspension of some or all related trading pairs
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Suspension of token deposits
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Suspension of token withdrawals
Before withdrawals are halted, users will have a buffer period to remove delisted tokens from their accounts. If tokens are not withdrawn by the deadline, Zoomex will attempt to exchange the tokens for an equivalent amount of USDT at the prevailing market price, depending on market conditions. This process may take approximately two to three weeks.
Exchange Rules
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If there is sufficient liquidity in the over-the-counter (OTC) market after withdrawals are suspended, Zoomex will convert the delisted tokens to USDT at the market rate. The equivalent USDT, minus transaction fees, will then be credited to the user’s Spot Account proportionally.
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If OTC market liquidity is insufficient after withdrawals are suspended, no exchange will occur, and the token’s value will be set to zero. Delisted tokens will no longer be visible in user accounts.
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If the converted token amount equates to less than 0.01 USDT, Zoomex will not distribute the USDT to users' Spot Accounts.
Important Notes
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Due to potential market fluctuations, users are encouraged to withdraw tokens ahead of time to avoid possible losses.
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The withdrawal and exchange processes require time; users are advised to allow for the necessary processing period.
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Zoomex reserves the right to modify, alter, or cancel delistings at any time and for any reason, without prior notice.