Bitget Suspends UXLINK-Arbitrum One Network Deposits Until Further Notice

Gate suspends UXLINK deposit, withdrawal, and trading services following malicious minting activities, with trading set to halt on September 23, 2025, at 08:00 (UTC).

USDT

ARB

205d ago

Summary

Gate has suspended all deposit, withdrawal, and spot trading services for UxLink (UXLINK) following malicious minting activities. Trading services will cease on September 23, 2025, at 08:00 (UTC). UXLINK margin loans must be repaid by the deadline to avoid automatic settlement. Contracts trading will transition to 'reduce-only' mode prior to the suspension. Users are advised to adjust their positions to avoid forced liquidation. Gate will reopen services once security is confirmed.

Terms & Concepts

Spot Trading: A type of trading where the purchase or sale of assets occurs immediately, with the transaction settled 'on the spot'.
Leverage Trading: A trading strategy where borrowed funds are used to amplify potential returns on investments, often increasing risk.
Reduce-Only Mode: A mode in which positions can only be reduced, not increased, used to prevent additional exposure in a market.