Bithumb and Coinone Extend Investment Caution Period for ALEX

IconCryptoNewsTerminal Staff13 Jun, 2024

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Bithumb and Coinone Extend Investment Caution Period for ALEX

Bithumb and Coinone Extend Investment Caution Designation Period for ALEX Summary: - Bithumb and Coinone have extended the investment caution designation period for the cryptocurrency ALEX. - The decision on whether to extend the designation, lift it, or terminate trading support (delist) will be made by July 11th. Details: Bithumb and Coinone have announced through their official websites that they will extend the investment caution designation period for ALEX. The extension is intended to provide investors with more time to make informed decisions about the cryptocurrency. The investment caution designation is a measure taken by exchanges to warn investors about potential risks associated with a particular cryptocurrency. This designation is often applied to new or volatile cryptocurrencies that have not established a proven track record. The decision on whether to extend the designation, lift it, or terminate trading support for ALEX will be made by July 11th. The exchanges will consider factors such as the market performance of ALEX, the level of investor interest, and any regulatory developments. Investors are advised to exercise caution when investing in ALEX or any other cryptocurrency. It is important to do thorough research and understand the risks involved before making any investment decisions. Previous Related News: * N/A