Catalyx Asset Suspension Notification

Catalyx will be suspending the depositing and buying of the following assets

Customer Care Team avatar
Written by Customer Care Team
Updated over a week ago

Attention All Catalyx Users

Our team at CatalX is committed to ensuring that the crypto assets offered on our platform are from the highest quality Blockchain projects and are also only offered in compliance with relevant Canadian securities laws. As part of our commitment to these principals, we have been working hard over the last several months to establish rigorous policies to review and vet all crypto assets offered on our platform.

As a result of recent guidance from Canadian securities regulators aimed at improving consumer protection on crypto asset trading platforms in Canada, we will be accelerating the above review and vetting process for all crypto assets currently offered on our platform.

Catalyx has completed the review of the following crypto assets and has determined that these assets meet our listing requirements:

  • Aave Token (AAVE)

  • Aragon (ANT)

  • Arweave (AR)

  • Avalanche (AVAX)

  • Basic Attention Token (BAT)

  • Bitcoin Cash (BCH)

  • Bitcoin (BTC)

  • Cardano (ADA)

  • Chainlink (LINK)

  • Cosmos (ATOM)

  • Decentraland (MANA)

  • DigiByte (DGB)

  • Dogecoin (DOGE)

  • Enjin (ENJ)

  • Ethereum Classic (ETC)

  • Ethereum (ETH)

  • EOS (EOS)

  • Golem Network Token (GLM)

  • Hedera (HBAR)

  • Litecoin (LTC)

  • Ox (ZRX)

  • Polkadot (DOT)

  • Polygon (MATIC)

  • Quant (QNT)

  • Ravencoin (RVN)

  • Ripple (XRP)

  • Siacoin (SC)

  • Stellar Lumen (XLM)

  • Syscoin (SYS)

  • USD Coin (USDC)

Our staff are currently working hard to review the remaining crypto assets that we currently offer for trading on our platform in accordance with our established procedures and will be providing periodic updates on this work to all our users as we progress.

Temporary De-Listing of Certain Assets:

In order to provide time to adequately review the remaining crypto assets currently listed on our platform and to ensure that the Catalyx platform remains in compliance with relevant securities laws, Catalyx plans to temporarily suspend transferring (deposits only) and trading activities (buying only), for all crypto assets not included in the list above. A full list of the assets for which this suspension will apply is located in the chart below, (these assets are referred to below as Suspended Assets).

1INCH

FIL

NAV

TFC

AAVE

FIRO

NEO

THC

ABYSS

FLIXX

NGC

TRAC

ADX

FLO

NLG

TRX

ALGO

FLUX

NMR

TSHP

AKT

FTC

NXS

TUSD

AMP

GAME

NXT

UBQ

ANKR

GBYTE

OCEAN

UBT

ANT

GDT

OK

UNI

API3

GEO

OMG

URQA

AR

GLM

ONT

USDP

ARDR

GNO

ORBS

USDT

ARK

GO

OXEN

UTK

ATOM

GRS

OXT

VAL

AVAX

GRT

PART

VBK

B2M

HBD

PAY

VEE

BAL

HEDG

PIVX

VET

BAND

HIVE

PMA

VRA

BLK

HNS

POT

VTC

BNT

HXRO

POWR

WAVES

BOSON

ICX

PPC

WAXP

BSV

IGNIS

PUNDIX

WBTC

BTR

IOST

QRL

XBN

BTS

IOTA

QTUM

XCAD

CADX

IOTX

RDD

XDB

CEL

JASMY

REPV2

XDC

CELO

KDA

RFOX

XDN

CGT

KLAY

RLC

XEM

CKB

KMD

RSR

XRP

CLI

KNC

RVN

XTZ

COMP

KOK

SAND

XVG

CRO

KSM

SBD

XYM

CRV

LBC

SC

ZEC

CTC

LOOM

SHX

ZEN

DAI

LRC

SIGNA

ZIL

DASH

LSK

SNT

ZUSD

DAWN

MAID

SNX

DCR

MDT

SOLVE

DEP

MED

SPC

DEXA

MEME

SPWN

DFI

MKR

STEEM

DNT

MMAON

STMX

DUSK

MNW

STORJ

ELA

MONA

STRAX

ELT

MORE

STRK

EMC2

MOV

SUKU

ENS

MYST

SUSHI

EPTT

SXP

ETHW

SYS

Summary of suspension process:

路 The suspension process will begin on March 20th, 2023.

路 After March 20th, 2023 users on the Catalyx platform will not be able to place orders to buy or transfer to the platform any Suspended Assets.

路 After March 20th, 2023, until we advise otherwise, users will still be able to sell Suspended Assets through the platform and will also be able to transfer Suspended Assets off the platform to their private wallets or to another Blockchain address.

Catalyx staff will continue to review the Suspended Assets over the next short while and will provide additional notices to users when any asset is either reactivated for trading or removed from the platform completely. If we determined that an asset should be removed from the platform completely, we will provide you as much notice as we can and will provide further guidance on how to ensure that you are able to retain ownership of those assets or liquidate those assets in accordance with your preferences.

If you would like to review our policy around delisting crypto assets, please take a look at our Terms of Service.

Should you have any questions or concerns, please contact us directly.

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