Exchange Announcement

[Upbit] Notice on End of Support for Strike (STRIKE) Trading (8/21 15:00)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it has decided to end trading support for Strike (STRIKE) at 15:00 on August 21, 2025.
  • The reasons cited for ending trading support include insufficient disclosure of important information, absence of a whitepaper, and concerns over the authenticity and sustainability of the business.
  • After the termination, withdrawal support will be available for 30 days. Investors are advised to withdraw the asset by September 22, 2025.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Strike (STRIKE) will have its trading support terminated by the Digital Asset eXchange Alliance (DAXA) member exchanges. DAXA members may take actions such as issuing advisories, designating cautionary items, and ending trading support as part of user protection measures.

  • Reference: [Notice on Designation of Caution for Strike (STRIKE) Trading](https://upbit.com/service_center/notice?id=5291)

[Notes on Trading Support Termination]

  • The termination of trading support for digital assets follows Upbit's digital asset trading termination policy: [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)

  • Trading support for this digital asset will end on 2025-08-21 (Thu) at 15:00 KST.

  • When trading support ends, all orders (buy/sell) placed before the termination in the respective pairs will be cancelled collectively.

  • After this notice, services such as airdrops, wallet upgrades, and hard forks for the digital asset scheduled for trading termination will no longer be supported.

[Notice on Digital Asset Trading Support Termination]

Strike (STRIKE)

  • Pairs: STRIKE/KRW, STRIKE/BTC

  • Scheduled end date of trading support: 2025-08-21 (Thu) 15:00 KST

  • Reason for trading support termination

  • Upbit, in accordance with best practices for virtual asset trading support, has designated Strike (STRIKE) as an item of concern from July 4, 2025, due to the following: failure by issuer or operator to make timely and proper public disclosures of important matters through electronic means, absence of documents (whitepaper) explaining important matters regarding the virtual asset, insufficient public disclosure and degree regarding important matters by the issuer or operator, and issues concerning the authenticity and sustainability of the related business. After a further in-depth review of the virtual asset, Upbit determined that the initial reasons for caution designation remain unresolved and has decided to terminate trading support, following the policy for designation of caution items and trading support termination for digital assets.

  • Even after trading support for this digital asset is terminated, withdrawals will be supported for 30 days (until 2025-09-22) in accordance with the trading support termination policy.

  • Members who need to withdraw the above digital asset must do so by 2025-09-22. Depositing assets (or mistakenly transferring) that have had trading support terminated will not be processed, and after the withdrawal support period ends, due to technical reasons, recovery of mistakenly transferred assets may take an extremely long time. Please exercise caution.

Upbit will always strive to ensure the safety of your transactions.

Thank you.

※ Virtual assets are high-risk products and may result in partial or total loss of your investment.

*This is automatically generated information.

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