Delisting / caution [Bithumb] INIT: designated as a caution coin
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Content
At a glance
- Coin INIT
- What Designated as a caution coin
What it means CoinGaja’s explanation from the title and public data, not the notice text
What a caution designation is
A Korean exchange flags a coin when it sees problems with the project’s disclosures, circulating supply, foundation or security, to warn investors. Trading goes on while the flag is on; after a review period set by the exchange, it either lifts the flag or ends trading support (delisting).
What this notice means
Bithumb has flagged INIT. The reasons and the review deadline are in the original notice. Right after a coin is flagged, selling often pushes its price down sharply, and prices can drift apart between Korean exchanges.
If you hold it
Bithumb announces the outcome in a later notice. If trading support ends, the coin can no longer be traded on Bithumb after a set date and has to be withdrawn to another wallet within a set period.
The notice itself is in Korean. Check the original notice for the exact schedule and conditions.
“At a glance” and “What it means” are CoinGaja’s summary of the notice title and public data. The notice itself is in Korean; check the original for details and later changes.
Related links
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https://feed.bithumb.com/notice/1655392
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