Announcements Gate.io Suspends SpongeBob (SPONGE) Deposit, Withdrawal, and Trading

Gate.io Suspends SpongeBob (SPONGE) Deposit, Withdrawal, and Trading

2024-02-04 13:03:26 UTC 36143 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the SpongeBob (SPONGE) team, the SpongeBob (SPONGE) token will undergo a 1:1 swap for the new token based on the snapshot taken on February 5, 2024, 23:00 UTC. As per the project team's request, Gate.io has temporarily closed the deposit and withdrawal services for SpongeBob (SPONGE) and will suspend the trading service for SpongeBob (SPONGE) on February 5, 2024, 06:00 a.m. UTC.

Details:
1) Gate.io has closed the deposit and withdrawal services for SpongeBob (SPONGE).
2) Gate.io will suspend the trading service for SpongeBob (SPONGE), including spot trading and quant trading, on February 5, 2024, 06:00 a.m. UTC.
3) Users who have in-progress SpongeBob (SPONGE) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before February 5, 2024, 06:00 a.m. UTC.

If there are any further changes, we will make additional announcements. Thank you for your understanding and support.

Project team’s announcement:
https://x.com/spongeoneth/status/1754093839579521329?s=20

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Gate.io Team
 February 4th, 2024

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Gate.io Suspends SpongeBob (SPONGE) Deposit, Withdrawal, and Trading

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