Guidelines for customers affected from the suspension of Infinitus Token (INF)

Modified on Wed, 29 Nov 2023 at 11:15 AM

As Bitkub has decided to delist Infinitus Token (INF) due to the token is no longer qualified to be listed on Bitkub.com, we shall provide reimbursement to any investor affected by the mentioned incident under the following details:

                1. THB amount you will receive
                2. The actual cost in THB paid for INF
                3. Your current INF balance

 

Calculation methodology

First In, First Out, commonly known as FIFO, is an asset-management and valuation method in which assets are bought first or sold first.

 

Example:

DateTypeAmount (INF)Price/UnitAmount (THB)Balance (INF)
1/4/2021deposit600--600.00
2/4/2021sell3005.001,500300.00
3/4/2021buy1003.00300.00400.00
4/4/2021sell2004.00800.00200.00
5/4/2021buy5004.202,100.00700.00
Ending Balance700.00
5/4/2021buy5004.202,100.00 
3/4/2021buy1003.00300.00
1/4/2021deposit100--
Total Reimbursement2,400

 

The amount of THB from the cost paid for INF will be transferred to your Bitkub account automatically. (Trading fee paid in THB associated with the amount of INF wallet balance is included.) Your INF balance will remain unchanged and can be withdrawn at any time.

Remark: Please make sure that your destination wallet supports INF in order to make a complete transaction. However, Bitkub reserves the right to make a withdrawal to Bitkub's wallet (ERC-20).

 

We apologize for the inconvenience and thank you for your kind understanding and patience.

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