[//]:content-type-MARKDOWN-DONOT-DELETE After a reevaluation about the 12Ships (TSHP) project, Gate.io has determined that it no longer meets the criteria for trading on our platform. As a result, [Gate.io](https://www.gate.io "Gate.io") plans to delist 12Ships (TSHP) from the trading market, including spot trading, quant trading, and liquidity mining, but will continue to provide [withdrawal](https://www.gate.io/myaccount/withdraw/TSHP "withdrawal") services for users for a period of 1 month. Details: 1) [Gate.io](https://www.gate.io "Gate.io") has suspended the deposit service for 12Ships (TSHP). 2) [Gate.io](https://www.gate.io "Gate.io") will suspend the trading service for 12Ships (TSHP), including spot trading, quant trading, and liquidity mining, on March 30, 2024, 03:00 A.M. UTC. 3) Users who have in-progress 12Ships (TSHP) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before March 30, 2024, 03:00 A.M. UTC. 4) Users who have provided liquidity for 12Ships (TSHP) in the liquidity mining market should [withdraw](https://www.gate.io/myaccount/withdraw/TSHP "withdraw") the liquidity in advance. Otherwise the liquidity will be automatically redeemed before March 30, 2024, 03:00 A.M. UTC. 5) For users who do not wish to participate in our buyback after the delisting, we strongly encourage you to withdraw your 12Ships (TSHP) tokens as soon as possible to avoid any potential losses. 6) Users who still hold 12Ships (TSHP) on [Gate.io](https://www.gate.io "Gate.io") after April 13, 2024 can submit a form to participate in our buyback. Gate.io will repurchase 12Ships (TSHP) at a price of 0.000006 USDT. The maximum compensation amount a single user can apply for is 100 USDT. To apply for the compensation, users are requested to fill out the following form between April 13, 2024, 16:00 UTC and April 20, 2024, 16:00 UTC. Link to the form: https://www.gate.io/questionnaire/4318 Withdraw TSHP：https://www.gate.io/zh/myaccount/withdraw/TSHP Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") Client now>>> Follow us on [Gate.io X (Twitter)](https://twitter.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>> Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>> Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>> We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>> [Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users Get 40% commission from [referrals](https://www.gate.io/referral "referrals") Gate.io Team March 29th, 2024