[12Ships] Statement on Upbit’s Decision to Terminate Transaction Support

2 min readJun 21, 2021

Dear 12Ships Community,

Upbit has announced on Jun. 18 that it will terminate transaction support for 12Ships (TSHP) on 12:00 am June 28, 2021.

The 12Ships Team is of course very disappointed to hear this decision because we’ve made many efforts in communicating with Upbit, but we also understand that Upbit has made such a tough decision under strict regulatory matters.

So, we fully respect Upbit’s position and decision of de-listing 12Ships. We have also noticed rumors about so-called listing fees, for the best awareness of the 12Ships Team. There was NOT a single listing fee charged by Upbit for the listing of 12Ships tokens at all and the 12Ships Team has always been treated fairly on Upbit.

The 12Ships Team will seek more guidance from Upbit and revolve the project to be a more global legally compatible one so that the relisting of 12Ships on Upbit can be put on the schedule in the future.

At the moment, the transaction support for 12Ships (TSHP) is still available on Gate.io, Bittrex, and some other exchanges. (https://www.coingecko.com/en/coins/12ships#markets)

In crypto, we trust!

Yours sincerely,

The 12Ships Team

About 12Ships

12Ships is a cryptocurrency mining platform that makes your journey to blockchain investments AS EASY AS POSSIBLE by providing profitable and high-performance mining infrastructure. 12Ships insists on technology-driven development of a mining ecosystem, including ASIC mining products, Filecoin mining machines, mining pool, staking pool, etc.

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