Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list WELL (Moonwell) on Sep 27, 2024. The details are as follows.
List Time
1. Deposit: 7:00 on Sep 27 (UTC)
2. Withdrawal: 7:00 on Sep 27 (UTC)
3. Trading pair: WELL/USDT
4. Opening method: Call Auction
a. Call Auction
8:00-8:20 Sep 27 (UTC)
Orders can be placed and canceled
8:20-8:30 Sep 27 (UTC)
Orders can be placed but cannot be canceled
b. Trading
8:30 Sep 27 (UTC)
5. Service support: WELL/USDT supports AMM, Spot Grid, and Auto-Invest Plan.
About WELL
Asset Custody
With Moonwell's non-custodial architecture, you retain complete authority over your digital assets while lending and borrowing.
Intuitive User Experience
Moonwell provides a user-friendly interface that simplifies the lending and borrowing experience. The app has been built from the ground up to be intuitive and easy to navigate, allowing both novice and experienced users to lend and borrow digital assets effortlessly.
Unwavering Security
Security is at the core of the Moonwell design philosophy. Robust security measures are employed to safeguard the protocol. By prioritizing security, the Moonwell community is able to lend and borrow their digital assets with confidence.
Transparent By Design
All operations on Moonwell are visible on-chain, providing a level of transparency that is often lacking in traditional, centralized financial systems.
Onchain Governance
Onchain governance proposals are required for all changes and updates to the Moonwell protocol. This ensures that the protocol remains aligned with the community's interests while eliminating single points of failure. As a result, Moonwell becomes more resilient and resistant to disruptions.
About Automated Market Making (AMM)
AMM is supported for the WELL/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
About Spot Grid
Spot Grid is supported for the WELL/USDT market. Spot Grid is a trading strategy suitable for volatile markets. It helps you capture profits in market fluctuations by automatically executing buy low and sell high within a certain market range 24 hours a day. Learn about Spot Grid >>
About Auto-Invest Plan
Auto-Invest Plan is supported for the WELL/USDT market. CoinEx Auto-Invest Plan is a trading strategy that helps you automatically accumulate crypto assets via pre-set investment and recurring cycles. It has the advantages of automatic execution, convenience, and friendly entry. With a minimum of 1 USDT, you can make stable investments and realize wealth growth. Learn about Auto-Invest Plan >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Sep 27, 2024
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