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Aphelion decentralized platform shuts down and cancels trading

Posted on October 28, 2022 by admin

Aphelion decentralized platform shuts down and cancels trading

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Answer Aphelion decentralized platform shuts down and cancels trading

Aphelion, a decentralized cryptocurrency exchange with the eponymous cryptocurrency, has announced the closure of its doors and the cancellation of trading operations.

The platform had previously started closing procedures without any notification or notice, as Aphelion suspended trading services on all pairs on Monday 7th October.

Traders can no longer open positions on the Aphelion P2P trading platform, except for the NEO/GAS pair.

with the advent of notice On the platform website:

The market is currently closed for trading, please use the controls below to cancel your orders and withdraw your funds from the contract back to your wallet.

As for the closing announcement, it came on Tuesday, October 8, where the platform management expressed its disappointment

Read:Why did the Tezos Foundation start distributing XTZ tokens for free?

Before that, she deleted her Facebook account and all her accounts on other social media, except for her Twitter account, which is still active until now.

Very disappointed, we have to report our flagship DEX and the project is taking steps to shut down. After nearly two years, successful implementations across all channels, and tens of thousands of lines of open source code, the market has finally taken its toll.

– Aphelion (Apheliontoken) October 8, 2019

As we mentioned at the beginning of the topic, the platform owns the Aphelion coin, which bears the symbol APH, which crashed 50% more after the news of the closure, and then it was damaged more than 80%.

The APH token and the decentralized platform operated by Aphelion are built on the “NEO” blockchain.

The drop in the APH symbol as a result of closing the platform, whose only use was to pay the trading fees on the decentralized platform, and the drop was not only after closing the platform, but since May 2018.

Many followers of the crypto market saw that the platform is fraudulent and it is good that it closed its doors:

Read:The “TomoChain” project partners with the Vietnamese Ministry of Education … Details here

It’s like, “After two years of successful pumps and dumps that allowed us to make money, we’ve now decided we’ve made enough and shut down the groundbreaking base.”

– Farago of Distortions (bazzingaaaaa) October 8, 2019

Read also:

Bitfinex wins the lawsuit filed against it by the New York Attorney General

NEO Network Joins Microsoft’s Latest Blockchain Initiatives


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