Bitfinex to Delist 8 Tokens and Blackfort Exchange Network (BXN) Migration Update

In line with our commitment to deliver the best trading experience, we will delist the following tokens: 1inch (1INCH), Blackfort Exchange Network (BXN), Data Ownership Protocol (DOP), Giant Mammoth (GMMT), Karate Combat (KARATE), Enzyme (UI: MLN, API: MLN), TomiNet (TOMI) and Wilder World (WILD).

This decision has been made as a result of our continued monitoring of all listed projects and a review of their listing qualifications. 

Deposits for 1INCH, BXN, DOP, GMMT, KARATE, MLN, TOMI, and WILD will be closed on 24/02/2025 at 1:00 PM UTC and trading will be closed at 5:00 PM UTC on the same day. Any deposit sent after the deposit closure time specified above will be lost and unrecoverable. 

We would like to remind our customers to cancel any open orders for the above tokens before 5:00 PM UTC on 24/02/2025. All remaining open orders will be cancelled by the system.

Withdrawals for 1INCH, DOP, GMMT, KARATE, MLN, TOMI and WILD will remain open until 06/05/2025 at 1:00 PM UTC. We recommend our customers withdraw these tokens as soon as possible.

Blackfort Exchange Network (BXN) Delisting and Migration Update

In addition to the Blackfort Exchange Network (BXN) delisting, Bitfinex intends to support the BXN token migration, which has been recently announced by Blackfort Exchange Network, for the purpose of processing withdrawals only. Bitfinex will halt deposits and withdrawals for the legacy BXN token on 24/02/2025 at 1:00 PM UTC and trading will be closed at 5:00 PM UTC on the same day. Customers are advised to cancel any open orders before the trading closure time specified above. All remaining open orders will be cancelled by the system. 

Following the successful completion of the migration, Bitfinex intends to replace the balances of legacy BXN tokens on the Bitfinex platform with balances of the new BXN token at a 1:1 ratio (1 legacy BXN: 1 new BXN). This conversion rate was specified by Blackfort Exchange Network. If customers do not wish to have their legacy BXN token balances replaced with new BXN token balances, they must withdraw their legacy BXN tokens prior to the closure of legacy BXN withdrawals on 24/02/2025 at 1:00 PM UTC. Withdrawals for the new BXN token are expected to reopen on 25/02/2025 and remain available until 06/05/2025.

Important note: As stated above, BXN is being delisted, please do not send any BXN deposit (legacy or new token) to our platform.

Users can monitor the status of deposits and withdrawals here.

Should you fail to withdraw the funds before the date and time specified and wish to withdraw them thereafter, your case will be subject to Bitfinex's Delisted Token Recovery Policy. A recovery fee may be applied. Please note that token recovery can only be attempted for up to two months following the closure of the withdrawal. 

Forward-Looking Statements:

Certain statements in this announcement may be forward-looking in nature. The words “believe,” “expect”, “estimate”, “could”, “should”, “intend”, “may”, “plan”, “seek”, “anticipate”, “project” and similar expressions among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Bitfinex nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.