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Announcement on The Suspension of Operation of BitZ
Dear BitZ users,
Underpinning BitZ commitment to compliance policies, BitZ has suspended new user registration and KYC in Mainland China on September 26, 2021. For existing users now, BitZ will retire all under the premise of ensuring the safety of user assets, and will officially stop operations on October 21, 2021. The specific schedule is as follows:
1. Closing registration and stop deposit
On October 8, 2021, from the moment the announcement is issued, user registration in all regions will be closed and all asset deposit will be stopped, and only trading and withdrawals will be allowed.
2. Closing trading
At 15:00 on October 14, 2021 (UTC+8), BitZ will stop OTC trading service, stop contract trading service. Uncompleted positions will be automatically closed at the market price at 15:00 on October 14 (UTC+8), and the remaining assets of contract account are uniformly transferred to the spot account.
At 15:00 (UTC+8) on October 21, 2021, spot trading will be stopped.
*Note: From 15:00 (UTC+8) on October 21, 2021, all users will no longer be able to log in to BitZ website and APP.
3. Asset settlement
From October 8, 2021 to October 21, 2021 at 15:00 (UTC+8), the automatic asset withdrawal function will be allowed.
October 21, 2021 15:00 (UTC+8)-November 30, 2021 at 24:00 (UTC+8), manual review and withdrawal is supported. The web page provides an email withdrawal channel, users can only pass through the unwithdrawn assets After contacting the official email and verifying the identity, apply for withdrawal of assets.
*Note: The manual withdrawal channel only provides withdrawal services for mainstream assets (BTC, ETH, USDT), and users are requested to withdraw your assets in time.
4. About BitZ Token(BZ) and DKKT
From October 8, 2021 to October 21, 2021 at 12:00 (UTC+8), the BitZ Token(BZ) will be repurchased at the price of 0.16USDT, and DKKT project party will be repurchased in the USDT market at an exchange rate of 1:6.5. Please sell it in time. After 12:00 (UTC+8) on October 21, the platform will no longer place orders for repurchase, and users need to bear the losses caused by not selling in time.
Finally, we would like to thank all BitZ users for your continued support and hope to get your understanding. We wish everyone a smooth and happy life in the future!
Goodbye!
4-year BitZ
October 8, 2021
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