Announcements Gate.io to Delist ReelToken (REELT)

Gate.io to Delist ReelToken (REELT)

2024-11-12 12:43:19 UTC 40749 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
[Gate.io](https://www.gate.io "Gate.io") has conducted a thorough reevaluation of ReelToken (REELT) and determined that it no longer meets our platform's trading criteria. As a result, Gate.io will delist it from the trading market , including REELT_USDT spot trading pair and quant grid trading. However, withdrawal services for ReelToken (REELT) will continue to be provided for one month.

**Details:**
1) Gate.io has suspended the deposit and trading services for ReelToken (REELT).
2) Gate.io will delist ReelToken (REELT) from the trading market, including REELT_USDT spot trading pair and quant grid trading, starting from November 13, 2024, 07:00 UTC. 
3) Users with ongoing quant grid trading of ReelToken (REELT) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before November 13, 2024, 07:00 UTC. 
4) Users unwilling to participate in the buyback after the delisting are advised to withdraw your ReelToken (REELT) holdings as soon as possible to avoid potential losses.
5) Users holding ReelToken (REELT) on Gate.io after November 26, 2024 can apply for a buyback by filling out a form. Gate.io will buy back ReelToken (REELT) at a price of 0.0009264 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between November 26, 2024, 16:00 UTC and December 3, 16:00 UTC.
Form Link: https://www.gate.io/questionnaire/5498

Withdraw ReelToken (REELT): https://www.gate.io/myaccount/withdraw/REELT

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Gate.io Team
Nov 12th, 2024

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