Wemix was removed from the main Korean exchange due to issues such as credibility and security

Upbit, Bithumb, Coinone, Korbit, and Gopax, five South Korean cryptocurrency exchanges, announced that they plan to delist WEMIX, the blockchain platform coin owned by Wemade, on June 2nd, and token withdrawals will be terminated on July 2nd. It is reported that the decision regarding the specific token was made by the Korea Digital Asset Exchange Association (DAXA), which includes these five platforms. DAXA believes that the Wemix Foundation has not adequately addressed the issues that led to the token being designated as a cautious investment cryptocurrency, and after a comprehensive review of the credibility and security of the issuing entity, it was determined that the asset does not meet the standards for maintaining trading support.