Dear Phemexers,

Phemex will support the Ellipsis (EPS) token migration, redenomination and ticker change. The ticker of EPS will be updated to EPX.

Further details are as follows:

• At 10:00 UTC on May 9, 2022, Phemex will delist existing EPS spot trading pair (EPS/USDT) and cancel all pending EPS spot orders.
• At 7:00 UTC on May 9, 2022, Phemex will suspend all EPS deposits. At 7:00 UTC on May 12, 2022, Phemex will suspend all EPS withdrawals. Please make sure you have sufficient time to fully process your EPS assets before that time.
• If you still hold EPS on May 24, 2022, Phemex will recover all EPS balances and begin the distribution of EPX to all eligible users at a ratio of 1 EPS = 88 EPX over the next five days after May 24. Spot trading will also reopen for the EPX/USDT pair within those five days as well.

If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com.