In a major update for our users, SunCrypto is shifting the trading pair for CLV (CLV), Bitcoin Gold (BTG), RichQUACK (QUACK), and Dogechain (DC) from INR to USDT, effective 24th February 2025. This decision is part of our ongoing efforts to improve trading liquidity and enhance user experience.
The move comes in response to recent developments affecting the market performance of CLV, BTG, QUACK, & DC tokens, leading us to take proactive steps to ensure stability for our traders.
Key Announcement
▪️Trading Suspension on 23rd February: To facilitate a seamless transition, trading services for CLV, BTG, QUACK, & DC will be temporarily halted on 23rd February 2025.
▪️Trading Resumption on 24th February: Once the pair transition is complete, trading for CLV, BTG, QUACK, & DC will resume on 24th February in the USDT market.
▪️New Trading Option: Users who wish to trade CLV, BTG, QUACK, & DC tokens can do so in the USDT market section.
▪️Guidance for Current Holders: Users holding CLV, BTG, QUACK, & DC tokens have two options - Hold their tokens for potential long-term benefits. Or, sell their tokens in the USDT market and convert USDT to INR for withdrawal into their bank accounts.
Background on CLV, BTG, QUACK, & DC Token Challenges
BTG team has recently announced a migration to the old BTC chain. However, several exchanges initially supported the migration of BTG but later withdrew due to unforeseen complications. Following this, SunCrypto also decided not to support the migration but continued trading services for BTG tokens.
However, due to ongoing low liquidity, we are now shifting BTG trading from INR to USDT to provide better liquidity and a smoother trading experience for our users.
Talking about CLV, the token recently announced its rebranding to Lucent Network (LUX), but our current liquidity provider does not support this transition. To continue providing our users with seamless trading, we are changing our liquidity partner. As a result, the trading pair for CLV is being moved from INR to USDT, ensuring better liquidity and trading stability.
Furthermore, QUACK and DC are also experiencing liquidity shortfalls, prompting us to shift the trading pairs of these two coins from INR to USDT.
Conclusion
At SunCrypto, we are dedicated to offering the best trading environment for our users. By shifting the trading pairs for CLV, BTG, QUACK, & DC to USDT, we aim to improve liquidity, trading efficiency, and overall market stability. We appreciate your continued support and understanding as we implement these enhancements to create a better trading experience for all.
For further inquiries or assistance, please reach out to our support team via the SunCrypto Help Panel 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.