On Sunday, May 12 the LGO token was delisted from the exchange Bibox, without notice made to the company or its representatives.
After a few days of back and forth with the team, a few community members and Bibox, we have decided not to push for re-listing the LGO token on Bibox.
Rather, we will focus on implementing LGO token trading on LGO Exchange as soon as possible.
In the meantime, please:
1. Withdraw your LGO tokens from Bibox as soon as possible
2. Store your LGO tokens on hardware wallet (explained here)
We apologize for the unfortunate circumstances and understand the frustration of buyers and sellers of LGO tokens. For those who are willing to trade now, LGO tokens are still available for trading on iDex.
For holders of LGO tokens, we recommend waiting for LGO Exchange to go live.
This is an unfortunate circumstance but a healthier long-term solution: LGO token will be traded on a fair, transparent and secure platform.
Our commitment to the cryptocurrency market is to act with transparency, security, and professionalism. To this extent, focusing on listing LGO on our exchange is the right decision for us:
- No fake volumes (See the LGO Node)
- Security by design
- Fair market access
Thank you for your ongoing support,
The LGO Team