Delisting of UNI, SUSHI, COMP, YFI, and AXS
CoinLoan is refining its selection of digital assets. Due to insufficient demand and other business considerations, we are starting the process of delisting UNI, SUSHI, COMP, YFI, and AXS. The first changes will take effect on May 17 and the delisting will be completed on June 5.
What does it mean?
The update will apply to all services on CoinLoan.
Starting from May 17, the following options will no longer be available:
- Depositing UNI, SUSHI, or YFI;
- Funding Interest Account with UNI, SUSHI, COMP, YFI, or AXS;
- Taking out new loans collateralized by UNI, SUSHI, COMP, YFI, or AXS;
- Exchanging UNI, SUSHI, COMP, YFI, or AXS for any assets except BTC.
Starting from June 1, the following options will no longer be available:
- Depositing COMP or AXS;
- Daily Accruals on Interest Account for UNI, SUSHI, COMP, YFI, or AXS.
What should I do?
By June 5, CoinLoaners who have UNI, SUSHI, COMP, YFI, or AXS in their accounts are expected to:
- Withdraw these assets from their Interest Accounts;
- Exchange them for other currencies or withdraw from the CoinLoan Wallet.
Please note that the withdrawal feature for these assets will disappear on June 5. The changes do not affect active loans collateralized by any of these cryptocurrencies.
In the meantime…
You can still use any of the other assets from our selection. Enjoy attractive APY on the CoinLoan Interest Account, exchange crypto with ease, and check out our special offer on crypto loans!