Announcements Gate Will Not Support Baby Shark Meme (BABYSHARK) Token Swap and Will Delist the Trading Market

Gate Will Not Support Baby Shark Meme (BABYSHARK) Token Swap and Will Delist the Trading Market

2025-10-30 03:46:24 UTC 289299 Read

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We have received notice from the Baby Shark Meme (BABYSHARK) team that the BABYSHARK tokens will soon be merged into Baby Shark (BSU) tokens.  Please note that as requested by the project team, Gate will not participate in this token swap service. Therefore, you will need to complete the swap independently through the channels specified by the project team. Please continue to follow the official announcements from the project team to obtain accurate token migration methods and related information.
We sincerely apologize for the inconvenience caused by our inability to offer a swap service. Given the specific nature of this swap, we strongly recommend that you promptly withdraw your Baby Shark Meme (BABYSHARK) tokens to your personal wallet and complete the swap independently before the deadline specified by the project team to avoid any potential losses.

### Gate will proceed with the following steps:
1. Gate has suspended the deposit of Baby Shark Meme (BABYSHARK).
2. Gate will suspend the trading services for Baby Shark Meme (BABYSHARK) on October 31, 2025, at 06:00 (UTC) in the BABYSHARK/USDT spot market and grid trading market.
3. For users with active quantitative trading strategies involving BABYSHARK, please adjust strategies in advance. All active strategies will be forcibly terminated before 06:00 UTC on October 31, 2025.
4. After the delisting of Baby Shark Meme (BABYSHARK) trading market, holders who do not wish to participate in the buyback must promptly withdraw their tokens. You may proceed with the swap through the channels designated by the project team to avoid potential losses.
5. Starting from 16:00 UTC on November 12, 2025, users holding Baby Shark Meme (BABYSHARK) can submit the buyback application via the designated form. Gate will repurchase the tokens at a price of 0.000152 USDT per token, with a maximum compensation of 100 USDT per user.
6. The buyback application form will be available from 16:00 UTC on November 12, 2025, until 16:00 UTC on November 19, 2025. All applications must be submitted within this period.

Form link: https://www.gate.com/questionnaire/7178

### Buyback Instructions:
1. Bulk registration of fake accounts or any cheating behavior is strictly prohibited. Multiple accounts under the same verified user (including the same IP) will be treated as a single account.
2. Gate reserves the final right of interpretation regarding this buyback event.
3. After delisting, users may continue to use Gate as a wallet for storing this asset. The specific timeline and operational details for the discontinuation of wallet services will be announced separately via official notices. Users are advised to stay updated with platform announcements and make appropriate arrangements for asset management.

Please note that Baby Shark Meme (BABYSHARK) tokens will soon be merged into Baby Shark (BSU) tokens. We advise users to withdraw their BABYSHARK promptly and complete the swap through the project’s designated channels. We understand this change may cause some inconvenience and sincerely apologize for any disruption caused. We are committed to ensuring a smooth delisting process and will provide timely updates as needed. Thank you for your support and trust in <a href="https://www.gate.com" target="_blank">Gate</a>. If you have any questions or need assistance, please feel free to contact our customer service team.

For more details on this token swap, please refer to the official announcement: https://x.com/BSUniverse_OFCL/status/1982814670458327193

Withdraw Baby Shark Meme (BABYSHARK): https://www.gate.com/myaccount/funds/withdraw/BABYSHARK

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Gate Will Not Support Baby Shark Meme (BABYSHARK) Token Swap and Will Delist the Trading Market

Gate Will Not Support Baby Shark Meme (BABYSHARK) Token Swap and Will Delist the Trading Market

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