Announcement

Delisting REEF on NAO Futures

15/01/2025

Dear Nami Community,


Based on latest announcement of our partner Binance, actual liquidity and risk assessment, Nami Exchange would like to announce the delisting of Reef (REEF) from 2025-01-22 09:00 (UTC) with USDT and VNST contracts on NAO Futures .


Important notice

  • From 2025-01-22 08:30 (UTC), the system will stop accepting requests to open new orders with contracts of REEF, users can still add margin, partially close or close the entire volume of open positions.
  • At 2025-01-22 09:00 (UTC), the system will close all positions, cancel all pending orders and conduct an automatic settlement on the contracts of REEF on NAO Futures. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.
  • Trading contracts with delisting assets will stop showing from the time of delisting.
  • In order to protect users and prevent potential risks in extremely volatile market conditions, Nami may undertake additional protective measures towards all contracts of delisting assets without further announcement, including but not limited to adjusting the maximum leverage value, position value, minimum limit price range, updating the funding rate and other methods.

Further information


Best Regards,

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Nami. All trading strategies are used at your discretion and your own risk. Nami will not be liable to you for any loss that might arise from your use of Futures.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of more 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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Website: https://nami.exchange/

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