OKEx suspends trading of Viuly (VIU) …

OKEx suspends trading of Viuly (VIU) …

OKEx Suspends Viuly (VIU) Trading Due to Registration Violation

Cryptocurrency exchange OKEx announced today that it immediately suspends trading in the VIU / USDT pair and opens the possibility of withdrawing funds due to the fact that the project team refused to take the necessary steps to register its token on the exchange after it updated its system.

“We will cancel all pending applications and return assets to user accounts. We strongly recommend that you withdraw your VIU tokens to your own wallet or trading platform that supports them as soon as possible. To get information about the registration of tokens, please contact the project team at [email protected] “, – the exchange writes.

VIU / USDT is the only one currently trading with VIU on OKEx. The delisting of pairs with Bitcoin and Ethereum was carried out as part of a large-scale removal of low-liquid pairs from the exchange a few weeks ago.

The VIU token was issued by the Viuly project, which is developing a decentralized video content distribution platform. The distribution of tokens was carried out through an airdrop among 900,000 Ethereum wallets in December 2017.

OKEx suspends trading of Viuly (VIU) ...

Recently, developers have come to the conclusion that a significant portion of the wallets to which they have sent their tokens are inactive. In this regard, they decided to create a new smart contract and withdraw the “dead” tokens from circulation. All users needed to exchange tokens from the old address to a new one before November 1, after which the tokens of the old smart contract were canceled.

It is not known why the developers refused to register their token on OKEx again in accordance with the requirements of the exchange. At the same time, on IDEX, for example, VIU with a new address was successfully listed on November 1. In addition, in his Twitter Viuly only writes that the tokens that are stored on the BIT-Z exchange will be exchanged automatically. Regarding the exchange of tokens on OKEx, neither the project team nor the exchange made announcements.

OKEx suspends trading of Viuly (VIU) ...

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