Gate.MT: Extension of Withdrawal Period for USDT and DAI Tokens

Gate.MT: Extension of Withdrawal Period for USDT and DAI Tokens
2025-01-31
Following our previous communications regarding the delisting of USDT and DAI tokens in compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, we would like to inform you of an important update to the timeline.
To ensure a smooth and orderly transition, we are extending the withdrawal suspension period for USDT and DAI tokens until the end of the “sell-only” period, which will conclude on 30.03.2025.
Here is a summary of the updated timeline:
Deposit and Trading Suspension: suspended since 30.12.2024.
Withdrawal Suspension: Extended until 30.03.2025.
“Sell-Only” Period: Will continue until 30.03.2025 to facilitate the liquidation of holdings.
Conversion: Any remaining USDT or DAI in your account after 30.03.2025 will be automatically converted to MiCA-compliant alternatives.
We strongly encourage you to review your holdings and take any necessary actions prior 30.03.2025. If you have any questions, our support team is ready to assist.

Thank you for your understanding and continued trust in our platform.
Gate.MT Team