Answer: You will be notified of such changes by email and the relevant announcement will be posted on the Website and social media. In each case, LiteBit strives to provide such notice at least 10 (ten) calendar days prior to such change taking effect, although certain circumstances may warrant a shorter notice period. LiteBit bears no responsibility for any damages occurring after delisting a cryptocurrency.
In case LiteBit Wallets for a particular cryptocurrency will be discontinued, you will have 30 (thirty) calendar days (the "Grace Period"), if technically possible, from the date of the above mentioned announcement to
- transfer any remaining cryptocurrency in that LiteBit Wallet to a third party wallet; or
- sell any remaining cryptocurrency in that LiteBit Wallet using the Service.
The ‘Grace Period’ can be less than 30 (thirty) days for reasons beyond the influence of LiteBit, which LiteBit can not be held responsible for.
LiteBit has the explicit right to delete wallets of delisted coins, including the coins that are still in this wallet, after six months after the “Grace Period”. This also applies if the currencies have not yet been transferred to a third party wallet or have not yet been sold using the Service.
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