Gate to Delist Qbao (QBT)

Gate has conducted a thorough reevaluation of Qbao (QBT) and determined that it no longer meets our platform's trading criteria. As a result, Gate will delist it from our trading market, including QBT_USDT and QBT_ETH spot trading pairs and quant grid trading. However, withdrawal services for this token will continue to be provided for one month.

Details:

1. Gate has suspended the deposit services for Qbao (QBT).
2. Gate will suspend the trading services for Qbao (QBT), including QBT_USDT and QBT_ETH spot trading pairs and quant grid trading, at 03:00 UTC on December 31, 2024.
3. Users with ongoing quant grid trading for Qbao (QBT) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before 03:00 UTC on December 31, 2024.
4. Users unwilling to participate in our buyback after the delisting are advised to withdraw your Qbao (QBT) as soon as possible to avoid potential losses.
5. After January 13, 2025, Qbao (QBT) holders on Gate can apply for our buyback by filling out a form. Gate will buy back Qbao (QBT) at a price of 0.000166 USDT, with a maximum compensation limit of 100 USDT per user.

To participate in the buyback, users must fill out the provided form between January 13, 2025, 16:00 UTC and January 20, 2025, 16:00 UTC.

Form Link: https://www.gate.com/questionnaire/5804
Withdraw Qbao (QBT): https://www.gate.com/myaccount/withdraw/QBT

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Gate Team
December 24th, 2024