The exchange will halt trading
South Korean exchange Bithumb posted an announcement on its official website
It was published at 4 p.m. local time
That’s 3 p.m. in UTC+8
Citing its policy on assets under trading review,
it has decided to end trading support for MANTRA and RECALL
Trading is scheduled to stop at
3 p.m. local time on December 14
Withdrawal support is scheduled to end at
3 p.m. local time on January 13, 2027
The announcement says the schedule may change
All unfilled orders will be canceled when trading stops
If you still hold either of these coins on the exchange,
you’ll need to transfer them out yourself before the withdrawal deadline
Trading hasn’t stopped yet
The dates have simply been set
For MANTRA, the stated reason is that,
after a comprehensive review, it failed to meet the criteria for continued support
in light of follow-up measures, including compensation for victims of the ledger security incident
For RECALL, the exchange says
the project team’s explanation was insufficient to lift its designation for review
and, considering the project’s progress and the token’s use case,
it also failed to meet the criteria for continued support
I checked Binance spot: $MANTRA is still tradable at the moment
I see this as an arrangement by a single exchange,
not a delisting across the entire market
This is my assessment, not wording from the announcement
South Korean exchange Bithumb posted an announcement on its official website
It was published at 4 p.m. local time
That’s 3 p.m. in UTC+8
Citing its policy on assets under trading review,
it has decided to end trading support for MANTRA and RECALL
Trading is scheduled to stop at
3 p.m. local time on December 14
Withdrawal support is scheduled to end at
3 p.m. local time on January 13, 2027
The announcement says the schedule may change
All unfilled orders will be canceled when trading stops
If you still hold either of these coins on the exchange,
you’ll need to transfer them out yourself before the withdrawal deadline
Trading hasn’t stopped yet
The dates have simply been set
For MANTRA, the stated reason is that,
after a comprehensive review, it failed to meet the criteria for continued support
in light of follow-up measures, including compensation for victims of the ledger security incident
For RECALL, the exchange says
the project team’s explanation was insufficient to lift its designation for review
and, considering the project’s progress and the token’s use case,
it also failed to meet the criteria for continued support
I checked Binance spot: $MANTRA is still tradable at the moment
I see this as an arrangement by a single exchange,
not a delisting across the entire market
This is my assessment, not wording from the announcement
