LUNA Trading Suspension on 13th May 2022

May 13, 2022

Important Announcement:

Zipmex is suspending trading for LUNA on 13th May 2022 and will no longer support trading on all of the LUNA trading pairs.

It is very sad news for the crypto community and our heart goes out to all the customers impacted. 

Those who are holding LUNA on Zipmex will have USDT credited into Z Wallets and if LUNA recovers, we will re-credit your accounts.

What happens next?

  • LUNA trading (LUNA/USDT, LUNA/USD, LUNA/THB, LUNA/IDR, LUNA/SGD) will be disabled on 13th May 2022 16:00(UTC+7).
  • All pending and open orders will be cancelled with immediate effect.
  • All remaining LUNA will be converted to USDT and airdropped into your Z Wallet based on  your LUNA balance and price at 13th May 2022 16:00 (UTC+7) within 7 working days. 

We’re here 24/7 for support. Please contact our support teams via email or please login and select “Live Chat” for assistance.

The Zipmex Team

Warning: Cryptocurrency and digital tokens investments are classified as high-risk investments. You may lose your entire investment. Please research, consider the risks, and invest in accordance with your accepted risk level.

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

RISK WARNING ON DIGITAL PAYMENT TOKEN SERVICES

The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of Zipmex.

Before you pay Zipmex any money or DPT, you must be aware of the following.

  1. Zipmex is not currently licensed by MAS to provide DPT services. This means that you will not be able to recover all the money or DPTs you paid to Zipmex if Zipmex’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Zipmex.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that Zipmex may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
  5. DPT held in your Hosted Wallet is not subject to the Singapore Deposit Insurance Scheme (“SDIC”) or any similar insurance or guaranty scheme of any other jurisdiction. In addition, funds stored in your Fiat Wallet do not benefit from the SDIC or any similar insurance or guaranty scheme of any other jurisdiction.

ZipUp+ products have not been approved by the Monetary Authority of Singapore (“MAS”) under the Payment Services Act 2019 and MAS has not reviewed or approved any features of these product offerings. Please review this link for the full terms and conditions and risk disclosure.