[Notice] Designated Investment Warning : Cred (LBA)

Fellow Bithumb Users,

This is No.1 Digital Asset Platform, Bithumb.

In order to protect our users and to construct a transparent digital asset market, Bithumb is monitoring our listed projects to check listing eligibility.

Bithumb has decided to designate Investment Warning Digital Asset according to the [Bithumb Digital Asset Investment Warning Designation Policy].

Please see below for the details.

■ Designated Investment Warning Digital Asset and Reasons (Investment Warning Designation Policy)

ㆍCred (LBA)
It is necessary to further monitor and verify the business sustainability of the Foundation. Therefore, we are confirming with the foundation for future plans to protect investors.

■ Designated Investment Warning Digital Asset Schedule

ㆍDate of Designation: 2020. 11. 09 (Mon) (KST)
ㆍTime of Deposit Service Suspension: 2020. 11. 09 (Mon) 4:00 PM (KST))
ㆍAnnouncement Schedule of Extension, Termination of Designation / End of Transaction Support: the first week of January (1/04 ~ 1/08), 2021

※ This schedule may be subject to change due to internal circumstances.
※ Being designated as an “Investment Warning Digital Asset” does not indicate ending transaction support of the project. The designation can be removed when reasons for designation have been resolved. In case when terminate of designation or end of transaction support is decided, we will make a separate announcement regarding with this matter.

Bithumb tries to protect investors in cooperation with the designated foundations by ensuring transparency and accountability and value-added services.
We always wish our fellow users to have the best trading experience with us.

Thank you.