Ensuring Responsible Trading: Token Evaluation and Security Measures

At NewBX Limited, we maintain a rigorous process for admitting, monitoring, and managing tokens available for trading on our platform. This process is overseen by the Token Admission and Review Committee (TARC) to ensure a secure and reliable trading environment for our users.

How Tokens Are Evaluated
TARC evaluates tokens based on various criteria outlined in our admission guidelines, including:

• Management & Team Background: Reviewing the experience and track record of the asset's development team.
• Legal & Regulatory Status: Understanding the asset's regulatory compliance and its implications.
• Market Performance: Assessing market data, liquidity, and the asset's history.
• Technical Aspects & Security: Ensuring strong technical foundations and security features.
• Development Progress: Monitoring the project's development milestones and future plans.
• Risk Assessment: Constantly evaluating market, governance, and security risks.
• AML/CFT Considerations: Assessing risks related to money laundering and terrorism financing.

Admission and Oversight
Tokens meeting specific criteria are admitted for trading, subject to ongoing oversight. We carefully record and store all decisions made by TARC regarding admission, suspension, or withdrawal.

Suspension and Withdrawal Protocols
Should TARC decide to suspend or withdraw a token from trading due to concerns or to protect users, we swiftly take necessary actions. This includes promptly notifying the Securities and Futures Commission (SFC) and, if needed, seeking approval before implementing these changes.

User Communications and Platform Actions
Users are informed of any changes that may affect their trading, deposits, or withdrawals due to these decisions. We implement TARC's decisions to maintain a safe and compliant trading environment.

At NewBX Limited, the protection and security of our users' investments remain our top priority. We continually refine and uphold these standards to ensure a trustworthy and secure trading experience for all.