In line with the purpose of protecting users, BKEX Global will regularly conduct a comprehensive review of the tokens in the platform to ensure the high standards of trading currencies; if the project party has unfavorable factors for investors, BKEX will take corresponding measures and remove them.

Based on the below criteria, BKEX has now decided to stop trading and delist the DOGEFATHER/USDT trading pair.

Details are as follows:

  • Trading function stop time: suspended
  • Recharge function stop time: suspended
  • Withdrawal function stop time: November 30, 2021 at 18:00 (UTC+8)

In order to increase public transparency, BKEX will announce the main factors affecting the delisting of tokens, including but not limited to the following factors:

1. Project and team factors

Major changes to the project team, product and business model need to be notified to BKEX Global for re-examination. If the project is not notified and changed on its own, the platform will directly take the project offline.

Whether the project team has unethical and fraudulent behaviors, such as: team founders, co-founders, consultants and other personal information are fraudulent or suspected of being involved in market manipulation, individuals facing major legal issues and other legal issues, etc..

The project party was notified of suspected violations of laws and regulations by various countries, regions, judicial organs, and regulatory authorities.

2. Technology development and mainnet/smart contract factors

There are hidden dangers in the main network of the project.

The smart contract code has security vulnerabilities such as overflow.

Project occurrence or existence of 51% attacked fork problems.

The project development has not been carried out according to the time node planned in the white paper, and there is no announcement on the official website of the progress delay.

The public chain/protocol layer project source code (GitHub) has not been updated for a long time, and the long-term version of the application project product has not been updated.

3. Community construction and operation factors

Significant deviations in information disclosure deceive investors and trading platforms.

The website is inaccessible, the information is messy, and social media and communities have not been maintained for a long time;
Social media or official website did not disclose any project progress (for example: development progress, version update, team movement, etc.) for one month.

The project party’s publicity involves shouting orders, manipulating currency prices, or other behaviors that seriously harm the interests of the community.

The project party deliberately concealed major events that may seriously affect the currency price.

The address of the team and the foundation has never been disclosed on the official website and social media, or the lock-up token is not implemented in accordance with the lock-up mechanism, and the use of the token has not been disclosed.

4. Other factors

Do not respond to or respond to community queries.

Does not cooperate with BKEX Global’s regular routine inspections.

Other unethical and fraudulent or illegal acts.

Operate and participate in multiple projects at the same time, affecting the healthy and sustainable development of the blockchain industry ecology.

Go to BKEX Official Website