Bithumb and Coinone, two prominent South Korean cryptocurrency exchanges, have announced the delisting of ALEX (ALEX). The delisting is scheduled for August 11th at 15:00 (KST). While the exchanges haven't explicitly stated the reason, delistings often occur due to factors such as low trading volume, regulatory concerns, or failure to meet listing requirements. Users holding ALEX on these exchanges are advised to withdraw their tokens before the delisting time to avoid any potential issues. The exchanges typically provide a grace period for withdrawals after the official delisting date, but prompt action is recommended. This ALEX delisting impacts traders using the Bithumb and Coinone exchanges. It is advisable to monitor the status of ALEX on other exchanges for future trading decisions. ```