Important Announcement: Bithumb to Remove Elixir (ELX) from Listing on January 12, 2026
Bithumb Delisting Announcement: Bithumb, a major South Korean cryptocurrency exchange, will delist Elixir (ELX) on January 12, 2026, due to unresolved regulatory issues and insufficient project development, following an investment warning status.
Investor Actions Required: ELX holders must either withdraw their tokens to an external wallet or sell them for Korean Won (KRW) before the trading halt, as post-delisting, only withdrawals will be permitted.
Criteria for Delisting: The decision to delist ELX reflects Bithumb's rigorous evaluation process, which considers factors like low trading volume, failure to meet technical standards, and lack of project transparency.
Market Implications: This delisting highlights the increasing scrutiny of cryptocurrency projects by exchanges, emphasizing the need for investors to stay informed and prioritize assets with strong fundamentals and active development.
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