To provide a better user experience on BingX (the “Exchange”), the Exchange has set the special treatment rules (“ST Rules”). Projects whose token and/or token prices fall into the following situations will be designated as Special Treatment (“ST”) projects:

（1）The project intends to be delisted from the Exchange.

（2）The token suffers low liquidity for a certain period.

（3）The project’s supporting technology has security or instability issues.

（4）The project ceases or is likely to end its operation or business activities.

（5）The project, its entity(s) and/or project management team may be at risk of being disbanded.

（6）The project is on the verge of insolvency, order, or is subject of liquidation or bankruptcy proceedings (including but not limited to a judicial management or similar court order), or similar action is taken, made, commenced against, or issued against the above or any material part of its assets.

（7）The project is suspected of malicious intention (including fraud attempts) or behaviors of comparable nature.

（8）The project or its team members (including but not limited to founders or consultants) are under investigation for a suspected breach of or are convicted for an actual violation of any material and applicable laws, statutes, and regulations.

（9）The project carries out unacceptable market conduct such as (but not limited to) wash trading, market manipulation, or insider trading.

（10）The project is regarded as high risk according to the audit, the legal, and the technical teams of the Exchange.

（11）The project fails to inform the Exchange of material changes in its development, team members, listed entities, and other information required within the specified period. 

（12）Any other situations the Exchange may deem risky for its users or the platform.

Consequences of ST Designation

1. Once designated as “ST” by the Exchange, as a warning, there will be a special designation “ST” on the affected project’s ticker symbol during a specific observation period (to be determined by the Exchange on a case-by-case basis). Special Treatment is a warning of potential delisting. The affected project shall be subject to close monitoring and scrutiny during the observation period.
2. The Exchange may delist the affected project if the project fails to meet the basic liquidity requirements by the end of the observation period. Correspondingly, if the basic liquidity is improved and exceeds the requirement threshold by the end of the observation period, the “ST” ticker symbol will be removed.
3. During the observation period, the Exchange may decide to delist the affected project if the Exchange believes the project has failed to take necessary actions to remedy the shortcomings leading to its being put under observation in the first place. Nevertheless, in its sole discretion and without prior notice, the Exchange reserves the right to immediately delist the affected project if the Exchange in its sole discretion believes circumstances exist that warrant such drastic action.
4. Upon being delisted by the Exchange, any trade or deposit of the affected project will be suspended. A new approval and listing procedure shall be carried out if the delisted project intends to be listed on the Exchange again.

The Exchange hereby reserves the right to modify any term of these Rules without prior notice.