As blockchain technology advances, on-chain trading services are increasingly capturing user interest, resulting in a notable surge in demand for decentralized exchanges (DEX). Compared to traditional centralized exchanges (CEX), DEXs provide more secure, transparent, and user-centric trading solutions.

As technology matures, we are confident that decentralized exchanges will become increasingly vital in the cryptocurrency ecosystem.

AlphaX firmly believes in the future of decentralization and is dedicated to building a transparent and secure platform that gives users full control over their assets and a smooth trading experience, revolutionizing the cryptocurrency industry. Therefore, on September 12, 2024, we will complete a strategic upgrade, upgrading AlphaX CEX to AlphaX DEX and ushering in a new era of Web3 trading.

To ensure a smooth transition for all AlphaXers, we are announcing the following upgrade plan for AlphaX.

• Timeline

  1. August 15, 2024: Discontinuation of Spot Buy and Convert operations.
  2. August 23, 2024: AlphaX DEX will enable email login for creating DEX accounts with new email addresses.
  3. September 5, 2024: 
     • AlphaX CEX will discontinue new user registrations.
     • AlphaX CEX will discontinue Spot Market and Trade services. Spot Market and Trade entries will be closed.
     • The AlphaX CEX login entry will be moved to the AlphaX DEX login page.
  4. September 12, 2024:
     • AlphaX CEX Spot services will be discontinued, and other services will be integrated into AlphaX DEX, including but not limited to Futures and Snipe meme.
     • AlphaX CEX users' accounts will be automatically upgraded to DEX, with account information, referral relationships, assets, futures orders, and vouchers automatically transferred to the new account.