Odaily News: Cryptocurrency exchange Txbit announced that it will be shutting down on September 14, 2023. All customers are required to withdraw their funds before 8:00 PM (Beijing time) on September 14, 2023. Any remaining funds after September 14, 2023, will be irretrievable. On August 14, there will be approximately one hour of downtime. During this period, all open orders will be canceled, and trading functionalities will be disabled. Once this process is completed, the platform will return to an online state and resume withdrawal services.



The announcement also states that the remaining unsold Txbit tokens will be destroyed in the following days. A total of 1,510,406,151.2992582 Txbit tokens (equivalent to 95.6559% of the total supply) will be burned. Txbit tokens will still be tradable on Pancakeswap in the future.