Exchange Announcement
[Coinone] Notice of Termination of Trading Support: QTCON
Summary
- Coinone announced that the termination of trading support for Quiztok (QTCON) will take effect at 15:00 on August 25, 2025.
- Quiztok (QTCON) was designated as a cautionary item due to security incidents and business sustainability issues, and trading support will end due to insufficient explanatory evidence.
- After trading support ends, withdrawal of the virtual asset may be restricted, and there are risks of value decline or suspension of technical support, so investors are advised to carefully check related schedules.
Hello, this is Coinone.Coinone has supported trading for each virtual asset through strict review to create a sound virtual asset ecosystem.
In accordance with the 'Policy on Designating Cautionary Items and Terminating Trading Support,' we would like to inform you of the termination of trading support for Quiztok (QTCON, Ethereum ERC20). Customers holding the relevant virtual asset are strongly advised to check this notice and refer to it for their use. Trading support for Quiztok (QTCON) will be terminated by the member companies of the Digital Asset eXchange Alliance (DAXA). Reference material: Notice on Designation of Cautionary Item: QTCON DAXA member companies may take actions such as issuing warnings, designating cautionary items, or terminating trading support to protect users. Therefore, customers holding the relevant virtual asset are strongly advised to check this notice and refer to it for their use. Reason for termination of trading support: It has been confirmed that there was a security incident in the virtual asset wallet managed by the issuer or operator of Quiztok (QTCON), and that there was no disclosure of important matters such as the occurrence of the security incident, and that there are still many insufficient aspects regarding business sustainability and ongoing progress, raising the possibility of user damage. As a result, it was designated as a cautionary item. Afterwards, we carefully reviewed and requested explanatory materials from the Quiztok team, but no evidence was found to justify lifting the cautionary designation. Therefore, to protect users, trading support for Quiztok (QTCON) will be terminated.
Key DatesTermination of Trading Support: August 25, 2025 (Mon), 15:00Termination of Withdrawal Support: September 25, 2025 (Thu), 15:00
Notes⁃ Deposit of the relevant virtual asset may be suspended upon designation as a cautionary item or termination of trading support. If this occurs, further notice will be provided.⁃ Once trading support is terminated for a virtual asset, it cannot be converted to KRW, and the travel rule will apply in all cases. Therefore, you can only withdraw after adding recipient information or after obtaining approval for an external wallet withdrawal address (whitelisting).⁃ Any pending orders as of the termination date will be canceled in bulk.⁃ Previous trading history will remain even after the withdrawal support termination date.⁃ To be able to withdraw after the termination of trading support, you must issue a deposit wallet address for the relevant virtual asset before the termination date.⁃ The trading support termination period may be shortened due to legal, regulatory, or exceptional circumstances during the process. In such cases, additional notice will be provided.- After the withdrawal support period has ended, you can request withdrawals via Coinone’s Customer Center. However, withdrawal of virtual assets that are no longer supported may incur certain fees. (Related link) - For virtual assets whose trading support is terminated, technical support for mainnet changes, contract changes, airdrops, token swaps, or network updates may be suspended, which could lead to a drop or loss of asset value. Please make sure to withdraw all assets within the withdrawal support period.
Coinone will continue striving for a healthy and transparent virtual asset ecosystem.Thank you.
The Coinone Team

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