Delisting of Leveraged Token Trading Pairs for ZIL

Dear user,

 

To mitigate market risks and enhance users' trading experience, AscendEX has decided to delist the leveraged token ZIL5L and ZIL5S.

 

What you need to know:

 

1.The platform will suspend trading and remove the affected trading pairs on February 10, 15:30 p.m. UTC. All pending orders will be canceled.

 

2.When delisting, the system will automatically liquidate and sell the leveraged tokens: ZIL5L and ZIL5S held by users, and the executed price will be subject to the net value of the token at the time of actual liquidation (When the futures hedging platform removed the futures products corresponding to the above leveraged tokens) rather than the best bid. At that time, the corresponding asset (USDT) will be returned to the user's cash account.

 

Thank you for your continued support!

AscendEX Team

 

Website: https://ascendex.com

Twitter: https://twitter.com/ETF_Options

Telegram Group: https://t.me/AscendEX_Leveraged_Tokens

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