[EXCHANGE] ShorelineCrypto - ZERO Withdraw fee, Listing Fee 0.005-0.01 BTC

[honglu69]

Update on Oct 16, 2020

The new coin listing fee is still 0.01 BTC, and 50% discount if the fee is paid on NewEnglandcoin (NENG) exclusively.  However, because of sharp rise of NENG,  the listing fee on NENG unit has dropped to 150 million NENG.

The NENG trading price has been volatile so that we will not adjust price every day. But we will adjust new coin listing fee on NENG unit periodically considering all the factors including average trading price, and liquidity of NENG trading with 50% discount. 

[honglu69]

Delisting Warning on SBIT
Oct 28, 2020

SBIT is inactive on ShorelineCrypto exchange with no trading for past 3 months.  This is final warning that if SBIT has no more trading in next two weeks, this coin will be delisted from shorelinecrypto exchange.   We will issue a final delisting notice in two weeks depending on SBIT community actions.

Our rule is that no trading in one calendar month, we may issue delisting on exchange coins at our own precaution. This warning is just Courtesy warning only.   Our exchange software and server resources etc are limited and we do not plan for hosting inactive coins in our exchange.   In the future, there will be no more warning on SBIT if delisting final decision happens.

[honglu69]

Selfiecoin Delisting Warning
10/30/2020

Selfie blockchain is frozen.  Dev,  or whoever in SLFI community that support this chain currently, please act up and move along the chain.

Otherwise. this coin SLFI  will be dead because of no movement and no mining.

[honglu69]

StackBIT  Delisting Warning Removed

We have contacted StackBIT dev on the status of SBIT listing at shorelinecrypto.  New trades has been done at exchange and the dev has interest in keeping the exchange listing. 

Now the official Ann page at shorelinecrypto exchange is pointed to the new page as informed by SBIT dev:
https://bitcoingarden.org/forum/index.php?topic=91246

StackBIT  Delisting warning is removed at shorelinecrypto exchange.

[honglu69]

SLFI Delisting Warning Removed

The community PoS mining has stepped up.  The blocks mined by exchange and community over past 24 hours is more than 1700 blocks.
SLFI blockchain is largely normal on operation.

Selfiecoin delisting warning at ShorelineCrypto Exchange is removed.

[honglu69]

Update on NewEnglandcoin Name Change and Hark Fork on v1.5.x wallets

Because of name change, exchange is not able to automatically convert NENG  to  Nengcoin balance at exchange accounts. What we will do is to list two coins soon next week:  one is Nengcoin with symbol "NENG", The old NewEnglandcoin will switch symbol to "NEWE".  NewEnglandcoin will soon disable trading at exchange and only allow withdraw to your Nengcoin wallet. A some point TBD date, NewEnglandcoin (NEWE) will be delisted from exchange and only leave Nengcoin (NENG) trading at exchange.

When deposit or withdraw NENG (either NewEnglandcoin or Nengcoin), please limit each transaction to 50 million NENG only and do the next transaction after exchange balance is settled first so that our software automatically handle deposit/withdraw without human support.

[honglu69]

New Coin Listing fee Adjustment

12/21/2020

The new coin listing fee on Nengcoin pricing is adjusted due to NENG price changes. The new coin listing fee on NENG unit is:   238 million NENG.  The new coin listing fee on bitcoin is unchanged at 0.01 BTC.

[honglu69]

Nengcoin (NENG) is listed at exchange.  The last free trading day for old NewEnglandcoin (NEWE) will be Dec 27, 2020.After that up until TBD date in Jan 2021, only withdraw is allowed on NEWE. NewEnglandcoin (NEWE) will be delisted from exchange in Jan 2021 TBD date. 

[honglu69]

FAQ: How to Swap NEWE to NENG in Exchange Wallet?

There is no "swap" option. Only withdraw/deposit. But you can withdraw NEWE coins and deposit into any NENG wallet. For example, doing below will transfer NEWE/NENG within exchange wallets:

(1) Withdraw NEWE, deposit into NENG address from exchange, yes, doable this way.
(2) Try to limit to 50 million max per transaction and wait on balance settlement first each time so that exchange software can auto-handle withdraw/deposit  without need of human support.

[honglu69]

Delisting Notification on NewEnglandcoin (NEWE)

NewEnglandcoin(NEWE) will be delisted from exchange on  Jan. 9, 2021.  The last trading day for NEWE is 12/27/2020.  After that up until 01/09/2021, NEWE will be allowed to withdraw only, and trading disabled.
On Jan 9,  2021, NEWE will be delisted and removed from exchange.  Please withdraw all your NEWE balances to your Nengcoin (NENG) wallet before NEWE delisting day.

[honglu69]

Due to NENG price drop, new coin listing fee on NENG unit is adjusted to 336 million NENG while list fee on bitcoin unit is unchanged.

[The Sceptical Chymist]

Howdy honglu69, I just wanted to say that I've used shorelinecrypto a couple of times for Curecoin, and I'm happy you listed it for DaveF.  Looks like the volume right now leaves a lot to be desired, but hopefully that will change.  Dave is trying to get the word out, as am I, so we'll see.

Question: what are the criteria for delisting a coin?  Is it solely a volume issue or are there any other factors that go into your decision to delist something?  I'm curious as to why New England Coin was dropped, for instance (though I can't say I'm surprised, as I'd never even heard of it before visiting your site).

I'd also like to vouch for the fact that I've done several small trades and subsequent withdrawals and have had no issues thus far.  I know people are very reluctant to give small exchanges a try--and for very good reason--but my experience so far has been positive.

[honglu69]

Howdy honglu69, I just wanted to say that I've used shorelinecrypto a couple of times for Curecoin, and I'm happy you listed it for DaveF.  Looks like the volume right now leaves a lot to be desired, but hopefully that will change.  Dave is trying to get the word out, as am I, so we'll see.

Question: what are the criteria for delisting a coin?  Is it solely a volume issue or are there any other factors that go into your decision to delist something?  I'm curious as to why New England Coin was dropped, for instance (though I can't say I'm surprised, as I'd never even heard of it before visiting your site).

I'd also like to vouch for the fact that I've done several small trades and subsequent withdrawals and have had no issues thus far.  I know people are very reluctant to give small exchanges a try--and for very good reason--but my experience so far has been positive.

Hi The Pharmacist,

I am glad that you like our exchange.

The delisting criteria is mainly on trading volumes as you see our new listing criteria agreement clearly stated that when a coin applicant/dev applied for listing.  Specifically on monthly basis,  no trading in a month is subject to delisting depending on our server usage and resources case by case.

Another factor is legality and government regulation issue because our exchange is in USA, specifically New England region in Connecticut and we have to follow federal and local laws on crypto.  I am puzzled by recent DASH delisting news across board and  I am thinking whether we should follow that or not. So far I have not seen any clear laws or regulation news clearly saying that DASH is illegal for trading in USA.  But if that is true that DASH becomes illegal in USA, you can expect that we will follow and delist DASH.

For NewEnglandcoin delisting, it is not truly a delisting, it is more of technical swap. NewEnglandcoin now hard forked and changed name to Nengcoin.  We list Nengcoin so that NewEnglandcoin holders should just swap to Nengcoin with no effect of this change.  

[honglu69]

NewEnglandcoin (NEWE) Wallet Removal on Jan 10, 2021

We are removing wallets that do not have markets. Wallet removals are a routine part of our ongoing platform management for performance and operational efficiency.

Any customers that have balances within these wallets (NewEnglandcoin (NEWE)),  must withdraw their assets by no later than Jan 10, 2021, 07:01 UTC..

If you encounter issues for withdrawing NewEnglandcoin (NEWE), please send support tickets at shorelinecrypto web page.

[honglu69]

New Coin Listing fee Adjustment

1/9/2021
The new coin listing fee on Nengcoin pricing is adjusted due to NENG price changes relative to BTC. The new coin listing fee on NENG unit is:  400 million NENG.  The new coin listing fee on bitcoin is unchanged at 0.01 BTC.

[The Sceptical Chymist]

I am puzzled by recent DASH delisting news across board and  I am thinking whether we should follow that or not. So far I have not seen any clear laws or regulation news clearly saying that DASH is illegal for trading in USA.  But if that is true that DASH becomes illegal in USA, you can expect that we will follow and delist DASH.

I hadn't heard anything about that, though I think I do remember reading something about the so-called privacy coins not being very popular in the eyes of the government--but that doesn't mean there are laws on the books as we speak prohibiting them from being traded in New England or anywhere else in the US.

As an exchange operator, I'm assuming you're aware of state and federal laws but please correct me if I'm wrong (and if I'm wrong, you probably should be aware of those things).  It's too bad there don't seem to be many lawyers frequenting bitcointalk.  Their advice would be much appreciated in situations like this.

[honglu69]

I am puzzled by recent DASH delisting news across board and  I am thinking whether we should follow that or not. So far I have not seen any clear laws or regulation news clearly saying that DASH is illegal for trading in USA.  But if that is true that DASH becomes illegal in USA, you can expect that we will follow and delist DASH.

I hadn't heard anything about that, though I think I do remember reading something about the so-called privacy coins not being very popular in the eyes of the government--but that doesn't mean there are laws on the books as we speak prohibiting them from being traded in New England or anywhere else in the US.

As an exchange operator, I'm assuming you're aware of state and federal laws but please correct me if I'm wrong (and if I'm wrong, you probably should be aware of those things).  It's too bad there don't seem to be many lawyers frequenting bitcointalk.  Their advice would be much appreciated in situations like this.

Lawyers are everywhere.  But obviously as small business, we can not pay lawyers big fees.  We practice law and read the regulation and law book ourselves, we have to follow laws/regulations step by step. 

[zeinol]

Hello honglu69,

Is there another exchanger site that trades NewEnglandcoin?

[zeinol]

Hello honglu69,

I can not withdrawals NewEnglandcoin (NEWE),

What should I do?

[The Sceptical Chymist]

Is there another exchanger site that trades NewEnglandcoin?

I've never heard of that coin before I heard of shorelinecrypto.  Is that like shoreline's own homegrown coin or something, like BNB is to Binance? 

Does NewEnglandcoin have any advantage over anything else in the altcoin market?  My guess is no if you guys delisted it already.