At Giottus, we continue to monitor the crypto assets we list to maintain our high standards of due diligence and risk profiling. We recently conducted an in-depth review of some assets that are not in line with our expectations in the current ecosystem.
In this review, we considered a lot of factors including the below:
• Vision of the project
• Development activity
• Global trade volume and liquidity
• Stability and safety of the network
• Level of public communication
• Evidence of fraudulent conduct or negligence
• Contribution to a healthy global crypto ecosystem
Based on our in-depth reviews, we have decided to delist and cease trading of the following assets on our platform on 20 April, 2024.
• Love Hate Inu (LHINU)
• PERL.eco (PERL)
• BUSD (BUSD)
• DFI.money (YFII)
• PAX dollar (PAX)
This measure, we believe, will strengthen our platform as a safe place to trade for all users in India.
All such balances on user accounts will be auto-converted to INR at the time of delisting.
For further information, kindly contact us at [email protected].
Safe Trading!
Team Giottus
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Please do your own research before investing and seek independent legal/financial advice if you are unsure about the investments.