What is SubMarket?

SubMarket is an ecosystem within Bitexen Global where tokens and coins can be traded. Transactions in the SubMarket dynamically fluctuate based on the quantity of tokens available in the respective token pools, determining prices accordingly. Unlike traditional markets, you do not require a direct buyer or seller to trade tokens or coins in SubMarket.

Coins and tokens may be listed under SubMarket based on their transaction volumes and other specified criteria.

Pairs and tokens listed under SubMarket are regularly evaluated, and if they meet the necessary criteria, they may be transferred back to Pro Market.

You can view which tokens and coins are available for trading in the SubMarket through the SubMarket information tab on each coin’s row or through the SubMarket section in Instant Trade.

The criteria required for tokens or coins to be traded under SubMarket are as follows:

• Tokens with an average daily transaction volume below the threshold set by Bitexen Global, determined through monthly evaluations, will trade under SubMarket.
• The number of users holding the token or coin at the end of the month is a determining factor for listing under Pro Market or SubMarket.
• Tokens associated with teams competing in the Trendyol Super League will continue trading in Pro Market as long as they remain in this league. If a football team's token associated with lower leagues moves up to the Trendyol Super League, it becomes eligible to trade under Pro Market instead of SubMarket.
• Tokens or coins newly listed after a pre-sale will be evaluated for SubMarket trading based on a 6-month average transaction volume and other criteria outlined above.
• User surveys and demands through Bitexen Club or social media will also influence whether tokens and coins currently traded in SubMarket move to Pro Market.

Tokens and coins eligible for SubMarket listing based on evaluation criteria will be kept in a watchlist/SubMarket Candidate category for one month, and users will be notified. Similarly, tokens and coins traded under SubMarket will be monitored for eligibility to become Pro Market candidates, with relevant notifications provided to users.

SubMarket Trading Conditions

All participants wishing to trade in SubMarket must be registered and verified active account holders on the Bitexen platform. (The Customer Identification Form must be completed.)

Participants wishing to trade in SubMarket are responsible for ensuring the accuracy and completeness of the information provided during registration on Bitexen. Bitexen EU cannot be held accountable for incorrect information submitted by participants.

Participants wishing to trade in SubMarket must be at least 18 years old. Accounts found trading under the age of 18 or using someone else's account will not be included in program results.

Bitexen EU is not liable for technical malfunctions occurring during or after transactions in SubMarket.

Bitexen EU reserves the right to modify or terminate SubMarket Trading Conditions at any time for any reason. Users are responsible for monitoring these changes. Such modifications or cancellations do not entitle participants to any acquired rights.

Participants in SubMarket declare acceptance of these general rules. All audits during participation will be carried out by Bitexen EU, which reserves the right to request additional information or documentation from any user as necessary.

Participants violating SubMarket rules, attempting fraud, manipulating event outcomes using computer technology, conducting transactions contrary to Anti-Money Laundering (AML) and Counter-Terrorism Financing policies, or making unfair profits, may have their participation revoked and face legal action. Bitexen EU reserves all such rights, including recourse to participants for damages resulting from third-party claims arising from failure to comply with the obligations stated herein.

Risk Warning: Digital asset markets involve price fluctuations; users should conduct their own risk assessments. This announcement and its content do not constitute investment advice but serve informational purposes regarding a reward program. Participants acknowledge and release Bitexen EU from any direct or indirect losses, including profit loss, data loss, business interruptions, loss of reputation, loss of anticipated savings, claims from third parties, court costs, and all other related damages resulting from participation or non-participation in the program.

Bitexen EU is not responsible for delays or losses resulting from force majeure.

For questions, complaints, and suggestions, please contact globalsupport@bitexenglobal.com.

Disputes concerning these Participation Conditions are subject to the jurisdiction of Istanbul Central (Çağlayan) Courts and Enforcement Offices.

In any disputes, all records kept by Bitexen EU will be considered conclusive.

These Participation Conditions take effect on the date announced by Bitexen EU.

Participants trading in SubMarket are deemed to have accepted these conditions and any future amendments by Bitexen EU.