Urgent Withdrawal Notice for DAM and FLUX on Txbit
💡 AI Article Summary
Action Required: Withdraw From Txbit
Centralized trading platform Txbit has announced the delisting of several lower-volume assets, which includes the Datamine Network ecosystem tokens, DAM and FLUX.
All users holding DAM or FLUX on Txbit must withdraw their tokens to a secure, private wallet before the official deadline on January 12, 2021. Failure to withdraw funds before this date may result in a permanent loss of access to your assets on the platform.
Decentralized Liquidity Alternatives
Because the Datamine Network is a decentralized smart contract system, it does not rely on any single centralized entity or exchange to function. The ecosystem is designed to remain fully operational and secure regardless of centralized exchange listings.
To continue trading, providing liquidity, or managing your assets, please transition to decentralized alternatives:
- Uniswap: Use the Uniswap protocol for secure, peer-to-peer on-chain swaps.
- Official Partner Exchanges: Utilize verified Datamine Network partners for ongoing liquidity.
Moving your assets to self-custodial wallets also ensures you can seamlessly lock DAM, mint FLUX, and participate in the broader decentralized economy safely.
⚠ txbit_io is delisting some low volume tokens including 
DAM / 
FLUX
PLEASE WITHDRAW DAM & FLUX Tokens FROM https://t.co/ktWOvzlSXZ Exchange Before 12th of January 2021
Please use UniswapProtocol or our official exchange partners. Thanks txbit! ❤
https://t.co/sPkzRSzVUj
Frequently Asked Questions
What is the deadline to withdraw DAM and FLUX from Txbit?
You must withdraw all DAM and FLUX tokens from the Txbit exchange before January 12, 2021.
Why are DAM and FLUX being delisted from Txbit?
Txbit is delisting various lower-volume tokens across their platform, which includes the DAM and FLUX trading pairs.
Where can I safely store and trade my tokens after withdrawal?
You should withdraw your tokens to a private, self-custodial Web3 wallet. For trading, you can use decentralized exchanges like Uniswap or other official ecosystem partners.
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