[//]:content-type-MARKDOWN-DONOT-DELETE Gate.io supports the renaming of The Open Network (TONCOIN) to The Open Network (TON), which will be implemented on March 8, 2023, 08:00 am UTC. By then, Gate.io will take the deposit, withdrawal and trading services of The Open Network (TONCOIN) offline, including liquidity mining, quantitative trading, Lend & Earn, and margin trading. After the renaming is successfully completed, The Open Network will be relisted on Gate.io with the new symbol TON. **Details:** 1) Gate.io has closed the new margin borrowing and crypto loan services of $TONCOIN. 2) Gate.io will close the deposit, withdrawal and trading of $TONCOIN, including liquidity mining, quantitative trading, Lend & Earn, and margin trading, on March 8, 2023, 08:00 am UTC. 3) Users who have in-progress $TONCOIN quantitative trading should adjust their trading plans beforehand. Otherwise, the plans will be terminated automatically by March 8, 2023, 08:00 am UTC. 4) Users who have assets in Lend & Earn may manually redeem them in advance. Otherwise the assets will be liquidated by March 8, 2023, 08:00 am UTC. 5) Users who have outstanding $TONCOIN loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically by March 8, 2023, 08:00 am UTC. 6) Users who have provided liquidity for $TONCOIN in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed by March 8, 2023, 08:00 am UTC. The renaming does not involve any blockchain migration process. Gate.io users don’t need to do anything in particular. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team March 8, 2022