Dear Users,

Phemex will support the Cocos-BCX (COCOS) token swap and rebranding plan to COMBO (COMBO).

Phemex is delisting the COCOS/USDT perpetual contract trading pair on May 25, 2023. We encourage users to stop trading and close open positions as soon as you can.

Here is the delisting schedule:

• 3:30 UTC on May 25 – Phemex will only support ReduceOnly orders for the COCOS/USDT contract.
• 4:00 UTC on May 25 – All orders and trading for this trading pair will be closed.
• All positions still open for this pair after 4:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 3:30 UTC to 4:00 UTC on May 25.

Thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

The Phemex Team