Dear Koindex users,
We will postpone the first KOIN price adjustment which was scheduled for Monday the 24th.
Before: 8/24 (MON) 6:30 UTC
After: 8/31 (MON) 6:30 UTC
Currently, we have not presented the price of the INDEX yet, and we have heard from users that they cannot imagine how price adjustments occur.
In addition, due to our recent system troubles, there is currently no volume waiting for both trade mining and our trading for each currency pair. We decided it was not the right time to simply remove all KOIN orders and conduct a price adjustment as it would not lead to user protection.
We plan to adjust the price every Monday in the future, but we will display the KOIN INDEX after 8/24 9:00 UTC where on 8/31 6:30 UTC the first price adjustment will take place.
Thank you for your understanding.