Bitcoin Forum

Hello everyone Good day to you all..!
I have one concern about delisting of coins from platforms, whats the best thing we can do as if we are holding some coins and suddenly you will get to notice this if you opened the history chart(accidentally) specially in Bittrex Exchange that coin will be delist from this and that date etc, so coin price will drop more and when this happened the exchanges put the wallet offline so that nobody can move their coin in other platform where coin is still available and not going to delist.(my personal experience Metal(mtl) coin got delisted and i sold in very cheap price and i just check it accidentally)
1) Is it what exchanges do to force their customer to sell in low price?
2) Is it not their responsibility to spread the awareness or informed us by email or they should add notification bar where we can see that this coin is going
    to be delisted.
3) What if i didn't know about the coin m holding is going to be delisted and at the time when they will simply delist  the coin from the exchange what will be left in my wallet?
I will be very thankful to you guys if you give me some good advice..
Kind regards..

Sorry didn't get you!! Did you read my post dude? ???

An exchange has full rights to decide what to list and what to delist. Obviously this is a great power they have, but there's nothing you are going to get if your coin gets delisted.
In a lot of cases, delisting happens for legal reasons (tokens being securities, Bittrex has delisted some for this reason) and in other cases it's just because the coin is dead or isn't bringing any revenue to the exchange. In most of the cases, it's just business.

As you can imagine, exchanges de-list coins when they are no longer profitable for them. That may happen for two main reasons:

a) The coin has lost mostly all its value. May be worth 1 satoshi or 0.00001 ETH or something like that. To all effects, that coin is dead.

b) The volume is very low. As exchanges make their profit on fees, they need trade volume.

What can you do about it? If you watch a coin that is very low in volume or has lost most of its value, don´t wait for the exchange to tell you that it is dead. You have the smelly corpse right before your eyes.

Thanks a million for giving the best reply and to increase my knowledge i will definitely watch all those coins before its too late.. :)
may God Bless you..!

Usually the Exchange gives information that the coins will be removed from the Exchange. I often see on twitter or other media, they announce the coins to be removed.
maybe you missed it. before delist coins usually rise in some time then down drastically and lost.

Thanks man for the info appreciated i will have those considerations from now onward..

Its really impossible for someone wont able to get such notification regarding on an exchange delisting those coins which doesn't have trade volume. This is usually happening on most exchanges they do need to profit and having no activity or movement on such coin wont really give them money and they would really delist it to free the spots . On these kind of situations if the coin being store in there and tends to be delisted where there were no other exchange do trade it which you don't have any choice but to sell it off cheap.

Delist is shit i think. If u listed a coin , you don't delist it when the coin is cancelled. My opinion is that.
Bittrex delisted mlt and i lost very much. This was very sad for me:( I hope i don't see it again for other coins.

Yeah me too i bought at 188k sats and sold at 45k sats :(

Sometimes the information on removing the coins on Bitrex is false. If I'm not mistaken on the coin, I saw information about that Syndicate will be removed from Bitrex. I did not have it, but the fact is that the coin is still being traded there. I think yes , is done so people sell at a low price.

No buddy you are not right at this point, Did you see the date when they are going to delist the coin ?
Or may be it happened with you and i didn't notice as i never buy syndicate

Delisted Coins can be pumb, but sometimes it's not  ;D

Yes this is true that's what happen in $FUN at bittrex has pumped around 70% but this is a very risky trade. If you want to participate on it trade at your own risk.

Crazy answer, he even did not read your post. This spammer still around. OMG



How if there are other exchanger yet trade the same coin? Can we send it to other exchanger?
I just concern with what op said that he can not send his coin to other exchanger after notification.

Unfortunately, ordinary users can not affect the delisting of coins from various exchanges in any way. On official Twitter, exchanges are usually informed in advance about the delisting of coins.

The questions is, why do you hold coins on the exchange and don't move them to any wallet? Never ever hold your long term coins on the exchanges...

yes i observed too about fun it was really fun instead :P

yes you are absolutely right but i couldn't find any good wallet where i can feel more secure if you will say nano ledger then it won't support all coins so can you please suggest some good wallets where i can keep my coins thanks a million for your valuable comment..

If the coin is delisted in exchange the will buy back the coin or u need to withdraw it?

the delisted coin in the exchange when it can not bring the profit for the owner of exchange or this coin has the error or scam which make the price is very low. the important reason is the volume is very low and can not bring the trading fee to exchange.

The coin or token could be delisted of various reasons. For example if we take Titanium Project (TBIS) - at first its previous token (BAR) was delisted from HitBTC because of a hack and a new token (fork) - TBAR was introduces. Now TBAR itself is delisted from IDEX because of the project turmoil caused by SEC investigation and obscure future.

There is not a lot that can be done in this case to be honest .
If a coin is delisted , it is not coming back . It will stay in the wallets and will be a dirt to the eyes . It mostly happens with the coins which gets dumped and never gets the value that is predicted by the development team . Many coins including , UAHpay has faced their dooms.

These are technical reasons. But don't underestimate the exchanges desire for profit too. If a coin/token isn't actively developed and has low volume, it will sooner or later be marked for delisting, to save resources and therefore costs. Every platform has its limits in terms of capacity and delisting is also done to trim the unnecessary load when people reserve orders in these low-volume coins. I know, because it happened to me on Bittrex several times. Made me learn my lesson about alts.

I agree that when some of your altcon delisted from the stock exchange is a very unpleasant moment. You can learn about the delisting of the coin from the official Twitter of the exchange or monitor the site of the exchange every day.

In general an exchange will never give to much of a prior notice, if they do well than it would just tank the price and lead to accusations of manipulation. I mean they cant allow you to sell the coin on the market once they have publicly announced their intention to delist it, i mean that would simply be giving you the ability to pass on your loss to someone who say hasn't yet read about the delsiting. This is why they will suspend trading of a delisted coin immediately on making said announcement, while giving you time (generally a week-to a month) to withdraw your coins held, either to a another exchange where the coin is tradeable or your own wallet.

In general the most obvious signs that a coin could be delisted is if the volumes on the said coin are extremely low, or if the coin is by and large or constantly being used for  pump and dumps.
When you see these signs its often best to cut your loses and get out while you still can

Beside so much security for accessing our funds on exchanges still we are not the actual owner of our coins, but this is the bitter truth of exchanges due to this factor it is advised we should not hold for long time on exchanges because it is vulnerable to many threats. Coin getting delisted from exchange is very rare generally this happens when the coin is facing some legal issues due to which it can't be displayed on exchange anymore. If something like this happen exchanges sends a notice to your emails but in case of emergency they might send you letter afterwards. 

Exchanges usually give time to withdraw coins, it is nornal policy. If users miss their opportunity to withdraw - some give them one more chance and you can talk with their support. For me the most strange delisting (without announced reason) was when Bittrex delisted Bitshares, so even if you have coin with big volume you can't be sure it will trade on exchange tomorrow.

This is one of the reason you have to be up to follow the exchanges you trade in on social media for up to date news. There's nothing like being informed.

TBAR is the most painful delist in recent times.

And about the exclusion from the stock exchanges of various coins, this is certainly a painful topic. If you did not have time to look at all the coins that have been lying on purses for a long time and they were overboard, then, unfortunately, it's just useless garbage. I hope that in this rubbish investors have little money.

I think coins are tokens are delisted when there is less community support for it,often reflected by the daily trade volume over a period of time.Or If the developers or project team cease communications with exchanges especailly as regard fixing wallet issues.It is in any case an unfortunate deal for investors.

I think if you hold some coin in your wallet you should follow the progress of the coin project, it is very useful to minimize the losses that exist
you can follow the latest news on twitter or telegram clearly

Not only on having a legal issues with those exchangers but also delisting do commonly happen when coins arent already gaining volumes which they would need to free up some space and do remove those shitcoins and as a holder of that specific coin you wont really have any choice but to move out those coins if you dont like for it to be lost forever.If the coin do have an specific wallet then you should transfer it, but if not then say goodbye to your coins.

Hello, tell me the telegram channels or bot.
 Which monitors the delisting of coins from stock exchanges.
 Or it can be any internet resource.

What if the exchange pulls out of your state or country?  Bittrex no longer serves NY customers and we have to withdraw our coins by a certain date.  So if we have coins that are not traded much in other exchanges such as only bittrex and another exchange has them, do you just sell it for btc?  Or you send it to its own wallet or other exchange?  What if you can't sell the coin anymore?



Could you sell that coin to another person in another state for bitcoin so to speak so they help you out?

The best chance is that not all delist coins are destroyed. usually the coins are pumped beforehand and that is a rare opportunity despite having a dangerous risk.

Yes you're right mate but you should be aware of the pump and also not all the endangered coins would be pumped at the end. That's why I'm sitting with a quite a bag of tokens that were delisted even from ForkDelta lol, there are simply 0 orders :)

In essence, if we do not want to lose our assets on the stock exchange, we also need to increase our vigilance and always monitor their movements if we have reached a target that we want to immediately exchange and move to a safer wallet.

I guess Metal (MTL) is not delisted on bittrex because I watch it right now. So here is my answer:
1. The exchanges are not forcing their customer to sell the coin even if it gets delisted. The customer decided to sell the coin to bring back their money, and unfortunately, they only sell at a low price.

2. The exchanges always informed the customer if they want to delist one or more coins. For example, on bittrex, you can see the Status on here https://international.bittrex.com/Status

3. Then you cannot sell the coin and if once it delisted, you need to move the coin to other exchanges. The exchanges will always give time for the customers to moves the coin before they shut down the wallet.

We should be aware of the notifications from the exchange related to the delisting of the coin so we can decide to sell instant or moves to the other exchanges.

That's right, besides we have to trade in a number of places that have high user trust, we also have to follow them on social media because then we can find out some information about these exchanges and include delisting coins.