According to the official announcement from the Launch coin on Believe (LAUNCHCOIN) team, the current LAUNCHCOIN tokens will be migrated to Believe (BELIEVE) token at a 1 LAUNCHCOIN : 1 BELIEVE ratio. Gate will support this token migration and delist LAUNCHCOIN Leveraged Tokens.
- Tokens to Be Delisted: LAUNCHCOIN3L、LAUNCHCOIN3S
- Trading Suspension: October 25, 2025, at 07:00 AM (UTC). The relevant trading pairs will be gradually delisted thereafter. All trading bots and open orders involving the delisted tokens will be canceled simultaneously.
- Asset Snapshot: A Net Asset Value (NAV) snapshot of user holdings will be taken at the time of trading suspension for settlement purposes.
- User holdings of the above tokens will be automatically converted to USDT and distributed to their accounts within 7 business days. We strongly recommend that users manage their holdings in advance.
Risk Warning
Leveraged tokens are high-risk investment products that may experience significant price fluctuations, potentially leading to a loss of principal. By holding or trading Gate ETF leveraged tokens, you acknowledge that you fully understand the associated risks and voluntarily accept full responsibility. Gate shall not be held liable for any losses arising from leveraged token trading.
Gate Team
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