Announcement on Shutting Down Newdex(BSC-Beta)

Dear users,

Greetings! Since launched on August 8, 2021, Newdex(BSC-Beta) has aggregated 1,749 asset transactions, which has surpassed competing products of the same kind and become the platform with the most aggregate trading assets on BSC chain. In addition, the online display of K-line chart, it is the first function on aggregate trading platform of BSC chain. However, due to the untimely birth, Newdex(BSC-Beta) has not received enough attention in the industry, and the transaction data has not improved. At present, the policy supervision in some areas tends to be strict, and all major wallets have been suspended from accessing DAPP, which undoubtedly makes matters worse. After discussion and consideration, it is decided to shut down Newdex(BSC-Beta) at 20: 00 on December 7th, 2021 (UTC). All the BSC transaction fees (address: 0x8848d86a3a1a356c1783371f21614ccccbd93361) collected before will be used to buy back and burn DEX.

In the past three years, Newdex has been deeply involved in EOS ecosystem and has received strong support from interrelated partners. Newdex is not only a crucial trading entrance of EOS ecosystem, but also a super node of ecosystem. In October, 2021, it won the award of $100,000 from EOS Alliance. Here, we would like to appreciate EOS Alliance and all the advisory members for their recognition. Therefore, we decided to fully return to EOS ecosystem and optimize and upgrade the existing platform. In the near future, we will innovate in EOS ecosystem on the premise of complying with the regulatory policies of various regions, and contribute to the ecological prosperity again.

Thanks for your support and trust all the time!

Newdex Team

December 02, 2021

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