MXC will list BAG and BAGS in the Assessment Zone and open trading for BAG/USDT and BAGS/USDT trading pairs. The specific timeline is as follows：
1. Deposit and withdrawal: opened
2. Trading: 21:00(UTC+8), January 6
Note: the price may move hugely for projects in Assessment zone, please be cautious of the investment risks and delisting risks.
[Fee exemption for API traders]
Users who trade BAG/USDT and BAGS/USDT trading pairs via API from 21:00, Jan.6 to 23:59, Feb.2, 2021 (UTC+8) can enjoy trading fee exemption. The trading fee will be deducted first and then returned. The trading fee will be refunded to you spot account each week.
Basis Gold (BAG) is the first algorithmic stablecoin in the Huobi ecological chain. It will be officially launched at 14:00 on January 6th. It is a cryptographically native algorithmic stablecoin. Based on previous experience in liquidity mining and flexible stablecoins, a new stablecoin mechanism is designed.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.