In light of recent events, SunCrypto has temporarily suspended the buying services for AVIVE tokens to protect our users from potential market risks. The decision comes after OKX, one of the major liquidity providers for AVIVE, announced the token’s delisting.
This announcement led to a significant decline in AVIVE’s price, with the token dropping over 75% in a single day. We are committed to prioritizing our users' financial safety and taking proactive steps to mitigate potential losses.
Why We Suspended Buying Services for AVIVE Tokens?
OKX’s delisting announcement had an immediate and profound impact on AVIVE’s value, highlighting the token’s volatility and possible future risks for holders.
Since OKX holds a large portion of AVIVE’s liquidity, its decision to delist could further destabilize the token’s price. To prevent any further risks for our users, we have opted to suspend AVIVE buying services on SunCrypto, effective from October 31.
Key Points to Remember
- Temporary Suspension of Buying Services: Effective from October 31, users will no longer be able to buy AVIVE tokens on SunCrypto.
- Selling Services Available Until November 15: Users holding AVIVE tokens can sell them on our platform until November 15. After this date, any remaining AVIVE holdings will be automatically converted to USDT at a market-equivalent rate.
- No Withdrawal Option: Currently, AVIVE token withdrawals are unavailable on SunCrypto. If this changes, we will promptly notify users.
This decision to suspend AVIVE buying services and offer an auto-conversion to USDT is part of SunCrypto’s ongoing commitment to our users’ safety. We appreciate your trust in us and will continue to take measures that prioritize your financial security.
For more updates, please follow our official announcements or contact our expert support team at help@suncrypto.in. Thank you for your trust in SunCrypto.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you do your own research or consult an expert before making any investment decision.