BigONE Suspends The “Trade-Mining Zone” and “BIG” Related Trading Pairs

Dear users,

Thanks for your continuous trust and support of BigONE. We have been working very hard to optimize our service and ensure user assets security. Asset security and user interest have always been our top priority.

As we recently learned about the popular “Trade-mining” model, we thought it could be a way to transform centralized exchange to “dis-centralized exchange” and achieve “community governance” by engaging users. Therefore, BigONE launched the “Trade-mining Zone”, the “ONE” tokens and related rules to start rebate trading fees to users on June 21st.

After over a week’s operation, we started to revisit and review these “trade-mining” rules with more prudence, and hope to take feedback from the community. We’ve decided to suspend the overall “Trade-mining” zone and all the trading pairs in it, as well as the “BIG/BTC”, “BIG/ETH” trading pairs. Related rebate of “ONE” and trading fees will also be suspended. However, the other trading sections on BigONE remain running unaffected.

We feel deeply sorry for the inconvenience and confusion caused to users. It’s a very bold move, but in the meantime, we also feel it’s the right move for the best interest of our users.

We’d like to invite the community to share feedback, criticism, and constructive suggestions with us. Please send your advice to [e-mail], and we have dedicated team collecting your advice. We’ll also communicate in a timely manner regarding the next steps with all of our users.

Again, we appreciate your continued trust, support and understanding for BigONE.

BigONE team

June 29, 2018