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Official Announcement: XAI Token Delisting and Related Arrangements

Dear UBX Users,

UBX is committed to providing a high-quality digital asset trading experience. To ensure that all listed tokens meet our strict compliance and performance standards, we conduct regular evaluations of digital assets on our platform.

Following a comprehensive review, UBX will delist Xai (XAI) on February 24, 2025, and terminate the following trading pair:

XAI/USDT
Contract Address: 0x4Cb9a7AE498CEDcBb5EAe9f25736aE7d428C9D66


Delisting Timeline & Arrangements
Trading Suspension:
On February 25, 2025, XAI trading will be disabled, and all open orders will be automatically canceled.
Users are advised to adjust their trading strategies in advance to avoid inconvenience.

Deposit Suspension:
Starting February 25, 2025, deposits for XAI will be disabled and will no longer be credited to accounts.

Withdrawal Deadline:
Users must withdraw their XAI tokens to external wallets or sell them before February 24, 2025.


Processing of Unwithdrawn Tokens

For users who fail to withdraw their XAI tokens by February 25, 2025, UBX will process the remaining tokens as follows:

XAI will be converted into USDT based on its spot market price at 10:59 on February 24, 2025.
The converted USDT amount will be credited to users’ spot accounts before 10:59 (UTC-5) on February 24, 2025.
UBX will issue a follow-up announcement once the conversion process is completed.

Important Notes
Users should transfer their XAI tokens to external wallets or other exchanges supporting XAI before the withdrawal deadline.
After delisting, UBX will no longer support any trading, deposit, or withdrawal services for XAI.
We appreciate your continued trust and support, and we encourage users to stay informed through official announcements for timely asset management.

Thank you for your understanding and cooperation.

 

UBX Team
February 24, 2025

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