At SunCrypto, our primary commitment is to ensure a secure and user-friendly trading experience. To uphold this commitment, we are announcing the delisting of two cryptocurrencies—WazirX (WRX) and AllianceBlock Nexera (NXRA)—from our platform. This change will take effect on 2nd February 2025.
Key Details of the WRX & NXRA Delisting
▪️Delisted Trading Pairs: WazirX (WRX/USDT) & AllianceBlock Nexera (NXRA/INR). Users have the option to either sell their holdings before 2nd Feb 2025 or withdraw their holdings to their personal wallet.
▪️Effective Date: 2nd February 2025
▪️Withdrawals: Withdrawals for these tokens are currently live on the SunCrypto application, allowing users to transfer their holdings to external wallets.
Why Are These Tokens Being Delisted?
The decision to delist WRX and NXRA was made after a thorough review of their market performance. Both tokens have shown a gradual decline in liquidity and market capitalization, raising concerns about their stability and potential risks for investors.
These factors contribute to market vulnerabilities, such as sudden pump-and-dump scenarios, which can negatively impact investor holdings. To protect our users from potential financial risks and ensure a robust trading environment, we have decided to remove these tokens from our platform.
At SunCrypto, the safety and satisfaction of our users are our top priorities. Every decision we make is aimed at safeguarding our users’ investments and fostering a reliable trading ecosystem. By delisting underperforming tokens, we strive to maintain the integrity of our platform and the trust of our community.
Conclusion - Next Steps for Users
We recommend all users holding WRX and NXRA to withdraw their tokens before 2nd February 2025. After this date, these tokens will no longer be supported on SunCrypto. Withdrawals are straightforward and can be completed through the SunCrypto application.
For any assistance or further information, please visit our Help Center or reach out to our support team at [email protected].
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.