[Coinone] Notice of Termination of Trading Support: WEMIX

Hello, this is Coinone. Coinone has been supporting trading by strictly reviewing each virtual asset to create a healthy virtual asset ecosystem.

In accordance with the 'Designation of Items for Caution and Termination of Trading Support Policy', we are announcing the termination of trading support for WEMIX (WEMIX, WEMIX Mainnet). Customers who hold this virtual asset are advised to check this notice and refer to it for use.

WEMIX (WEMIX) is scheduled to have its trading support terminated by the Digital Asset Exchange Joint Consultative Body (DAXA) member companies.

Reference materials: Notice of Designation of Items for Caution: WEMIX Notice of First Extension of Designation of Items for Caution: WEMIX Notice of Second Extension of Designation of Items for Caution: WEMIX

DAXA member companies can take measures such as urging caution, designating items for caution, and terminating trading support for user protection. Therefore, customers who hold this virtual asset are advised to check this notice and refer to it for use.

Reason for termination of trading support: WEMIX (WEMIX) was designated as an item for caution due to a malicious external attack on the WEMIX official bridge vault on March 4, 2025, which resulted in the abnormal withdrawal of WEMIX (WEMIX), delayed disclosure of related important matters, and lack of clear explanation of the cause of the incident and compensation plan for victims. Subsequently, we requested explanatory materials from the WEMIX Foundation and reviewed them thoroughly, but no materials were found to resolve the reason for designation as an item for caution. Therefore, to protect users, we are terminating trading support for WEMIX (WEMIX).

Key schedule: Termination of trading support schedule: June 2, 2025 (Monday), 15:00 Termination of withdrawal support schedule: July 2, 2025 (Wednesday), 15:00

Precautions: ⁃ When an item is designated for caution or trading support is terminated, deposits of the relevant virtual asset may be suspended. WEMIX (WEMIX) was designated as an item for caution on March 4, 2025 (Tuesday) at 11:30 (KST) and deposits were suspended. (Related link) ⁃ For virtual assets whose trading support has been terminated, conversion to KRW value is not possible, and the travel rule applies in all cases. Therefore, you can withdraw after adding recipient information or receiving approval for an external wallet withdrawal address (whitelisting). ⁃ All pending orders will be canceled collectively after the termination of trading support date. ⁃ Existing transaction history will be maintained even after the termination of withdrawal support schedule. ⁃ You must issue a deposit wallet address for the relevant virtual asset before the termination of trading support schedule to enable withdrawal support even after the termination of trading support. ⁃ The termination period of trading support may be shortened due to legal or institutional requirements or special circumstances during the termination process. In this case, we will notify you with a separate notice. - You can request withdrawal from Coinone customer center even after the withdrawal support period has passed. However, a certain fee may be incurred for withdrawing virtual assets that are not supported for trading. (Related link) - For virtual assets whose trading support has been terminated, technical support such as mainnet changes, contract changes, airdrops, token swaps, and network updates may be discontinued, which may cause the value of the virtual asset to decrease or disappear. Please make sure to withdraw all virtual assets within the withdrawal support period.

Coinone will continue to do its best to create a healthy and transparent virtual asset ecosystem. Thank you. Coinone Team

*This information is automatically generated.