As a digital asset trading platform, CoinBene has always been committed to creating a healthy and good trading environment for their customers. However, with the development of the blockchain and the the unique characteristics of blockchain technology and cryptocurrency, no one can predict the performance of coins after listing. In order to protect the interests of users, the platform will investigate the coins that have been listed, we will warn the coins with potential safety hazards, if some coins with extremely serious circumstances, we have the right to decide when terminate the business relationship with them, and take it off our exchange.
Ⅰ. The rules of removing trading pairs
CoinBene will investigate the trading pairs to remove it at any time if they break one of the following rules, and does not assume any legal responsibility. The rules include but don’t limited to the following :
1. Project and Team
1.1 If there any great changes to the project team, product and business model happen, CoinBene must be notified for review, CoinBene will be objective to review it. If the coin is changed without CoinBene's agreement, or it will be transferred or sold privately, we will remove it directly .
1.2 The personal information of the team founder, co-founder, consultant, etc. are seriously fraudulent or suspected of being involved in manipulating market prices, facing major laws and negative issues (eg, drug-related, stealing data, etc.), CoinBene will restart background investigation of their team members, trading will be suspended during the investigation. If the investigation result is positive , trading will be recover, otherwise CoinBene has the right to remove it at any time.
1.3 The coin itself is notified by the SEC or other national or regional judicial authorities, regulatory authorities, etc. of suspected violations.
2.1 The coin did not inform CoinBene and users 15 days in advance that the total amount of TOKEN was temporarily increased or bifurcated.
2.2 The coin has a daily trading volume of less than $10,000 for 30 consecutive trading days.
2.3 The coin has no trading record for 5 consecutive trading days.
2.4 The coin deliberately conceals major events that may have a serious impact on the TOKEN price.
2.5 The team and foundation addresses have never been disclosed on the official website and social medias, and TOKEN has not been used in accordance with the lock mechanism and disclosure.
3.1 There is a major deviation or serious negligence in information disclosure, deceiving users and platform and cause users to make false judgments.
3.2 There are serious technical or safety problems have not been resolved in time.
3.3 The team is disbanded or faces major legal disputes.
3.4 The propaganda or market behavior of the coins seriously damages interests of CoinBene and our communities .
4. Coin Landing
4.1 The coin development was not carried out according to the time node planned by the white paper, and the progress was postponed and the official website did not have any response announcement.
4.2 The coin is suspected of money laundering, fraud or pyramid schemes and other criminal activities.
5. Technical Safety
5.1 Smart contract code has security vulnerabilities .
5.2 The coin occurred a bifurcated problem of 51% being attacked.
5.3 The coin does not have full source code and block browser, and there maybe major security risks.
Ⅱ. The process to remove trading pairs
CoinBene will notify 3-7 days in advance to inform users of the offline trading pairs, but does not exclude the possibility of emergency offline action. For the urgent offline, CoinBene has the right to do it at any time, and will notify the related coins within one day. For the upcoming offline trading pairs, CoinBene offers 3-10 business days for withdraw, but if in urgent situation, we have the right to shorten time limit. The user must withdraw the coins as soon as possible before the end of the withdrawal period, otherwise the loss will be borne by the user.
Disclaimer: If the user fails to withdraw the coins before the withdrawal period or if the loss occurs that exceeds the control of CoinBene. CoinBene will not be liable for any of the above reasons.
Every step of CoinBene's development is inseparable from the support and help of users. In order to create a health trading environment and protect the interests of users, we welcome users to actively provide the latest news about various coins to us. The official email address is firstname.lastname@example.org.
In the process of removing trading pairs, it may be difficult to avoid causing problems to users, CoinBene sincerely apologize to you hereby, hope majority of users can understand, thank you.