Dear GGBTC users,
In order to provide project parties and users with a more orderly and healthy trading environment, GGBTC will use the new early warning rules from October 1, 2019. The details are as follows:
Project warning rules
- In the currency of the homepage display area, if the continuous daily average volume is lower than 2.5 BTC or 125 ETH or 25000 USDT, or the transaction is not continuous for the 5-minute market K line, an early warning will be sent. The currency with no improvement in trading volume after warning will be moved to the hidden area the next day;
- In order to ensure the depth of the transaction, if the amount of pending orders in the display area of the homepage is less than 15, or the price difference between the purchase and sale of the currency is higher than 5% of the real-time price, an early warning will be sent.If the transaction situation does not improve after the warning, the currency will be moved to the hidden area the next day;
- If a trading pairfalls more than 50% on the day and falls more than 80% for three consecutive days, an early warning will be sent on the third day. If the transaction situation does not improve after the warning, the trading pair will be moved to the hidden area the next day and need to be checked through search;
The process of recovering the trading pair from the hidden state is shown below：
If the project that has been launched on the GGBTC platform violates the early warning rules, we will communicate with the project party and provide early warning to notify the development team to improve. If the project side refuses to improve or fails to do so, the delisting of the project may be started if the situation is serious.
For the trading pair that has been hidden and needs to be viewed in the search area, if the project party completes the rectification according to the requirements and the transaction situation and the depth of the transaction reaches the standard, the project party shall take the initiative to contact the after-sales service, and the platform shall return the trading pair to the home page for display after verification.
Thank you for your long-term support and trust.
GGBTC operation team
September 24, 2019