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Notice on the Removal of Trading Bots Services from Selected Spot Trading Pairs



Notice: Removal of Trading Bot Services for Selected Spot Trading Pairs

Effective Date: May 1, 2024

Dear Valued Customers,

At WellatKing, we are committed to continuously improving our platform to ensure a fair and transparent trading environment for all users. As part of this commitment, we have decided to discontinue trading bot services for certain spot trading pairs. This adjustment aims to enhance market integrity and provide a better experience for manual and algorithmic traders alike.


Details of the Change

  • What is Changing?

    • Effective May 1, 2024, trading bot services will no longer be supported for specific spot trading pairs on the WellatKing platform.
    • The list of affected pairs will include (but is not limited to):
      • BTC/USDC
      • Additional pairs will be announced via email and platform notifications.
  • Why is this Change Being Made?

    • To ensure a level playing field for all users and maintain a healthy trading environment.
    • To comply with evolving regulatory requirements and best practices in the industry.
    • To reduce potential market manipulation and improve the quality of price discovery.

Impact on Customers

  • For Bot Users:

    • All trading bots operating on affected pairs must be deactivated by April 30, 2024, to avoid disruptions.
    • Orders executed via trading bots for these pairs will no longer be processed starting May 1, 2024.
  • For Manual Traders:

    • Trading on these pairs will remain available for manual transactions without interruption.
  • Account Accessibility:

    • Your account and funds will remain fully accessible. No other services on the platform will be impacted.

Next Steps

  1. Review the List of Affected Pairs:
    Check your account notifications or visit our Announcements Page for the full list of pairs.

  2. Deactivate Trading Bots:
    If you are currently using trading bots for affected pairs, please deactivate them by April 30, 2024.

  3. Manual Trading Options:
    Continue trading manually or explore our alternative pairs and features for optimized trading strategies.

  4. Reach Out for Support:
    If you require assistance with this transition, our support team is ready to help. Contact us via:


Commitment to Transparency

We understand that this change may impact your trading strategies, and we appreciate your understanding and cooperation. At WellatKing, we remain committed to providing a secure, reliable, and user-centric platform. We will continue to evaluate and enhance our services to meet the highest standards in the industry.

Thank you for choosing WellatKing as your trusted trading platform.

Sincerely,
The WellatKing Team



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