Update exchange deposit addresses in the cPen app now ⚠️ If the BSC wallet address saved in your cPen app is a BitMart deposit address, or a deposit address from any centralized exchange, please replace it as soon as possible. The wallet address saved in the cPen app will be used for future token distributions, including the upcoming INK distribution. BitMart has begun gradually suspending deposits. It warns that assets deposited after the applicable deposit service has been suspended may not be automatically credited. How to update your address 1️⃣ Create or open a self-custody wallet, such as MetaMask or Trust Wallet. 2️⃣ Select BNB Smart Chain and copy your wallet address beginning with 0x. 3️⃣ Open the cPen app and go to the Wallet page. 4️⃣ Replace the exchange deposit address with your self-custody address. 5️⃣ Double-check the complete address before saving. Please update your address now rather than waiting for the INK distribution. As previously announced, INK will not be listed on any centralized exchange. Never use an exchange deposit address for the INK distribution. Use only a compatible self-custody wallet where you control the private keys. Did the BitMart announcement affect the CPEN price on PancakeSwap? It appears to have contributed, yes. The PancakeSwap chart shows a significant price decline following BitMart’s wind-down announcement. This suggests that the announcement and the market’s reaction to it created additional uncertainty and selling pressure across the broader CPEN market. Simply withdrawing CPEN from BitMart to a self-custody wallet does not affect the PancakeSwap price. However, when withdrawn CPEN is subsequently sold on PancakeSwap, those sales add direct sell pressure to the on-chain market. Other holders may also sell in reaction to the BitMart news, even if they do not use BitMart themselves. Based on the timing of the price movement, we believe the BitMart announcement was a contributing factor. However, we cannot confirm that it was the only cause or determine exactly how much of the decline resulted from it. The amount of CPEN held on BitMart is limited, but we cannot predict how long the market impact will last or how prices will move. Nothing has changed with the CPEN smart contract, PancakeSwap liquidity pool, cPen app, or ongoing buyback program. We cannot and will not make price predictions. What we can confirm is that the cPen project and its programs continue operating as before. Stay safe; scammers target exchange shutdowns Exchange closures commonly lead to fake “migration,” “recovery,” “compensation,” and “priority withdrawal” scams. • The cPen team will never DM you first. • We will never ask for your seed phrase, private keys, passwords, authentication codes, or a “verification deposit.” • There is no special CPEN migration, compensation wallet, or paid recovery service. • For information about cPen, CPEN, or the INK distribution, trust only official cPen accounts and announcements inside the cPen app. • For BitMart balances and withdrawals, begin only from http://bitmart.com or the official BitMart app. • BitMart says it does not offer paid priority withdrawals or expedited processing channels and will never ask for private keys, recovery phrases, passwords, or authentication codes. BitMart’s official verification tool: https://bitmart.com/en-US/verification Please protect your assets, verify every address and network carefully, and take action early. cPen Team A small team with a big dream
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Update exchange deposit addresses in the cPen app now
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