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Announcements > News > Phemex is Delisting TORN/USDT Spot Trading Pair on June 14 >

Phemex is Delisting TORN/USDT Spot Trading Pair on June 14

Author: Alan W. Date: 2023-06-12 08:03:52

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Dear Users,

To promote responsible development of the blockchain industry, create a healthy digital asset environment, and protect the rights and interests of our users, Phemex continuously monitors the performance of each trading pair.

Phemex has been implementing a “Special Treatment (ST)” mechanism to certain listed trading pairs on the spot market in accordance with our ST rules, in order to alert users about the risk of trading such tokens.

After a certain observation period, due to the low liquidity, Phemex will delist the TORN/USDT spot trading pair on June 14, 2023 according to the Special Treatment Rules on Phemex.

The delisting schedule will be as follows:

  • Deposit of TORN is now closed, so it will not be credited to your account
  • 10:00 UTC on June 14, 2023 – The TORN/USDT pair is delisted from Phemex spot market. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time.
  • Withdrawals of the coin from Phemex will continue to be supported until further notice

We 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


For any inquiries contact us at support@phemex.zendesk.com
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