Any tokens.net clients out there?
It's a platform where at first you could get involved in various IOCs and later on became a crypto exchange. Or better said, it was a platform. Why? It's closing!
I am a client yet I never made any transactions. So, I won't have to deal with any swaps and withdrawals.
Here is the official announcement in its full length.
Dear client,
I founded Tokens.net exchange in August 2017 with a strong conviction in transparency, decentralization and financial freedom. As a founder my main idea was to create a secure and transparent environment to trade various tokens that were being issued by numerous ICOs happening at that time. It has been more than 3 years since Tokens.net recording zero security incidents, zero downtime, and was able to provide a solid and valuable technical product for its clients in which I, as the founder and owner of the company, take great pride.
Unfortunately, the ICO market deflated dramatically after 2017 with investors losing interest and moving back to investing in major cryptocurrencies. We changed our focus and started building our business model around those currencies but the reality is, Tokens.net can not compete with major players in that field of the market.
I believe any additional investments into continuing the business would not bring returns and would most probably be lost. In light of these facts I decided to cease all Tokens.net operations and close the exchange.
Our respected clients will be able to withdraw their funds and swap their DTR in time before the finalization of the company closure. The process of closure begins with this announcement on February 2nd, 2021 and will finalise by April 1st, 2021. DTR will be available for USDT swap at a fixed rate of 0.01124 USDT from February 16th, 2021 until April 1st, 2021.
I want to thank all Tokens.net clients, ICO investors and the team for their trust in my founding idea and for years spent on the exchange.
Thank you for your support and all the best,
Damian Merlak
Tokens.net founder and owner
It's a nice and straightforward explanation. COngrats, Damina, for being transparent and making the right decision.
Good luck to you and all tokens.net users.
Better and better
