Dear CoinEx users,
According to the project's announcement, CoinEx will support PASTERNAK (Ben Pasternak) token rename to LAUNCHCOIN (Launch Coin on Believe). To ensure your asset security, deposit, withdrawal, and trading services of PASTERNAK will be suspended for a designated period. The details are as follows:
PASTERNAK Services
1. The assets fund in PASTERNAK/USDT AMM market will be refunded at 6:00 on May 15, 2025 (UTC).
2. CoinEx will terminate the deposit and withdrawal services of PASTERNAK at 6:00 on May 15, 2025 (UTC).
3. PASTERNAK/USDT trading pair, including spot grid and auto-invest plan will be delisted. ALL orders in this market will be canceled at 6:00 on May 15, 2025 (UTC).
The listing of LAUNCHCOIN scheduled for May 15, 2025, at 09:00 (UTC) will be postponed. For details of the deposit, withdrawal, and trading services of LAUNCHCOIN, please pay attention to the further announcement.
Notes
1. This renaming DOES NOT involve any on-chain asset swap.
2. During the suspended period, all unexecuted PASTERNAK orders will be systematically closed, and related assets will be returned to your spot account.
3. If there are any ongoing trading strategies, please make adjustments in advance. Otherwise, the trades will be terminated automatically at 06:00 on May 15, 2025 (UTC).
4. Learn more: https://x.com/believeapp/status/1918796252466045266
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 right of final interpretation of this announcement.
CoinEx Team
May 14, 2025