As a digital asset trading platform, 99Ex is committed to providing a healthy and good trading environment for the majority of users. At the same time, in order to protect the interests of users and promote the healthy development of the blockchain industry, the platform will track and observe the TOKEN that has been on the line. TOKEN, a blockchain innovation project that continues to operate and has security risks, warns that TOKEN, which has an extremely serious episode, will conduct a hidden or offline transaction. The hidden TOKEN cannot be displayed on the currency list, the price list, and the hidden TOKEN transaction is not affected, but the user needs to actively search for the TOKEN name to display in the currency trading area.
Hide TOKEN and offline trading rules:
The hidden TOKEN and offline transaction pair rules include but are not limited to the following rules. The following rules may not be exhaustive, but 99Ex usually evaluates whether a blockchain innovation project TOKEN or transaction pair initiates a hidden or offline process with the following rules:
I. Project and team aspects
1. The project team, product and business model have undergone major changes, and the 99Ex team needs to be notified to re-examine. The 99Ex team will conduct an objective review according to the project situation. If it has changed without the consent of 99Ex, or the project is transferred or sold privately, The platform will process the project offline;
2. The project team founder, co-founder, consultant and other personal information is seriously falsified or suspected of being involved in manipulating market prices, facing major laws and negative issues (eg, drug-related, stealing data, etc.), 99Ex will restart for team members Background investigation, termination of the transaction during the investigation. The survey results are good and recoverable, otherwise it will be processed offline;
3. The project itself is notified by the SEC or other state or regional judicial authorities, regulatory authorities, etc. that the suspected violation of laws and regulations.
Second, TOKEN and trading aspects
1. Not to inform the trading platform and users 15 days in advance, the total amount of TOKEN is temporarily increased or there is a fork;
2. For a single transaction, the average daily trading volume is less than 100,000 USDT; the single currency is zero for 24 hours;
3. The project party deliberately conceals major events that may have a serious impact on the TOKEN price;
4. The team and foundation addresses have never been disclosed on the official website and social media, and TOKEN has not been used in accordance with the lock mechanism and disclosure.
Third, the operational aspects
1. Significant deviations in information disclosure, deceiving users and trading platforms;
2. The website is inaccessible, and the social media and community have been unmaintained for more than two weeks;
3. The mainstream social media such as WeChat public account and Weibo have not been opened, and the negative response to media reports is not available;
4. The social media or the official website did not disclose any project progress in one month (for example: development progress, version update, team trends, etc.);
5. Project party publicity or market behavior seriously damages 99Ex or community interests.
Fourth, the project landing
1. The project development was not carried out according to the time node planned by the white paper, and there was no announcement of the progress of the official website.
2. The source code of the public chain/protocol layer project (GitHub) has not been updated for three months, and the three-month version of the application project product has not been updated;
3. The project is suspected of illegal activities such as money laundering, fraud or pyramid schemes.
V. Technical security issues
1. When the project's main network is switched, there may be security risks, and the project party refuses to pay the risk protection fund;
2. There are security vulnerabilities such as overflow in the smart contract code;
3. The project occurred or there was a splitting problem with 51% being attacked.
Hide TOKEN and offline transactions to the process
99Ex may appear to hide the TOKEN or offline transaction pair without notifying the user in advance, but usually 99Ex will notify the user in advance. Since each TOKEN may have a different security risk, the time to finally hide or drop a TOKEN will be based on the time node in the announcement.
Creating a good trading environment is inseparable from the support and help of users. Users are welcome to actively provide the latest news about various projects to the platform to assist the platform for review. It is very difficult for the offline transaction to hide or hide TOKEN to cause trouble to the users. In this 99Ex form, we sincerely apologize and hope that the users will understand.
November 18, 2019