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sunsilk
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July 30, 2019, 11:58:05 PM |
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Hi, guyz!
BTW, what altcoin do you hold?
Very few and those that are at the top. The portion that it has on my portfolio isn't that much because I'm mostly holding bitcoin. Why do cryptocurrency exchanges delist some altcoins?
- Small volume
- Useless altcoin
- Turned into a scam
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Maestro75
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July 31, 2019, 06:25:38 AM |
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Why do cryptocurrency exchanges delist some altcoins?
- Small volume
- Useless altcoin
- Turned into a scam
Beyond this there is a possibility of conflict of interest as a factor that can make a exchange delist or when the project team refuse to settle the exchange well after listing their coin. But delisting a coin do not mean the coin will die. I have seen delisted coins perform well on other exchanges. |
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fourpiece
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July 31, 2019, 12:45:04 PM |
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The main reason why exchanges delete coins is because of thier low volume, those coin wont give any profit on the exchange so they delist it.
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old fart
Member
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Activity: 308
Merit: 10
Bitcoin is the future
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July 31, 2019, 01:31:46 PM |
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I'm holding bnb and eth at the moment, scared of most of these altcoins. When I saw cmc charts from 2013, I became very conscious of altcoins, some of these altcoins won't exist in few years time.
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krb91
Member
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Activity: 254
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Streamies Rocks!!!!
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July 31, 2019, 03:11:10 PM |
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Whenever a coin is listed on an exchange, the developers or community responsible for its listing agree to some terms like average daily trading volumes and the like. In the eventuality that any of those terms are violated, the token/coin is delisted. Also a project that has been verified as a scam will be delisted.
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Mahanton
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July 31, 2019, 06:32:12 PM |
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Why do cryptocurrency exchanges delist some altcoins?
- Small volume
- Useless altcoin
- Turned into a scam
Beyond this there is a possibility of conflict of interest as a factor that can make a exchange delist or when the project team refuse to settle the exchange well after listing their coin. But delisting a coin do not mean the coin will die. I have seen delisted coins perform well on other exchanges. True,but those are on just selective cases because usually most delisted coins are majorly have no volume or doesnt have much support even on other exchangers until it die. Conflict on interest between exchange and owner of token is rarely to be seen but its still a tendency bu most of the time the coins being delisted doesnt have any volume and making it vacant for giving some slot into newer coins to get in. |
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sunsilk
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July 31, 2019, 09:17:11 PM |
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Why do cryptocurrency exchanges delist some altcoins?
- Small volume
- Useless altcoin
- Turned into a scam
Beyond this there is a possibility of conflict of interest as a factor that can make a exchange delist or when the project team refuse to settle the exchange well after listing their coin. But delisting a coin do not mean the coin will die. I have seen delisted coins perform well on other exchanges. It could be another reason, whatever the reason and conflict that lies between the dev and the exchange management that lead them to have miscommunication then they would be forced to delist it. As for those coins that has turned to a scam, most of the exchanges that has that coin delisted it. I've seen a coin that has been delisted to all of its exchange where it has been listed so that factor is for real. |
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Ridwan Fauzi
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August 07, 2019, 02:15:22 PM |
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It could be another reason, whatever the reason and conflict that lies between the dev and the exchange management that lead them to have miscommunication then they would be forced to delist it.
As for those coins that has turned to a scam, most of the exchanges that has that coin delisted it. I've seen a coin that has been delisted to all of its exchange where it has been listed so that factor is for real.
I'll mentioned that BSV coin is an instance the coin who have a conflict so as it was delisted on an exchange such as on binance, right? But I'm still wondering the coin who caught as a scam coin but it was listed on the exchange, can you name one of them? As far as I know if there is coin/token who have a fake team and end up with scam they won't ever to listed on the exchange. Their purpose only collected a money from such as an ICO, if the ICO has ended the coin won't be send by the team because they will run away before the ICO project ends. |
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numanoid
Legendary
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Activity: 1890
Merit: 1148
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August 07, 2019, 03:33:20 PM |
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But I'm still wondering the coin who caught as a scam coin but it was listed on the exchange, can you name one of them?
Bitconnect as one of example. That coin got delisted from any of exchange and doesn't has any volume anymore. As far as I know if there is coin/token who have a fake team and end up with scam they won't ever to listed on the exchange. Their purpose only collected a money from such as an ICO, if the ICO has ended the coin won't be send by the team because they will run away before the ICO project ends. That's mean the token didn't ever get listed before, and why should a site listed a token which turned to scam? |
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R.A.Y
Member
Offline
Activity: 132
Merit: 10
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August 08, 2019, 04:54:14 AM |
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altcoin is missing from the exchange list for many factors,
the number of exchanges they do not reach the target the market has set until they are eliminated by the new altcoin,
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imstillthebest
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August 09, 2019, 05:16:11 AM |
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altcoin is missing from the exchange list for many factors,
the number of exchanges they do not reach the target the market has set until they are eliminated by the new altcoin,
that is definetly the the main reason on why alts are getting delisted on an online exchange . some exchanges are strict and will only give a minimum limit ( not to low but slightly high ) once the coin reach this level for a long time , thats also the time that they will decide to remove it . it sucks if your the coin owner but thats thier rules . this is why most altcoins are migrating on a lesser strict exchange that aint really popular enough and mostly they are dex . |
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andi pcc
Member
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Activity: 194
Merit: 10
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August 10, 2019, 05:47:29 AM |
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from year to year coins and tokens often appear, where the level of movement and volume of trade is very low the coin will be removed from the list because it can not be profitable, that as far as I know |
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Talomericahar
Newbie
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Activity: 56
Merit: 0
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August 10, 2019, 08:23:42 AM |
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BTW, what altcoin do you hold?
Top 5 altcoins with a few coins from top 10. |
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wxxyrqa
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August 10, 2019, 04:02:09 PM |
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It seems to me that this is a very correct approach to solve the problem of overcrowding of the cryptocurrency market with unpromising coins. If the cryptocurrency market cannot carry out the correction itself, on the exchanges you have to exclude coins from circulation on your own.
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superving
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August 10, 2019, 11:24:35 PM |
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Still holding some coins and tokens with low trading volume, im hoping they wont get delisted on the exchange they are currenty listed
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Talomericahar
Newbie
Offline
Activity: 56
Merit: 0
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August 11, 2019, 10:18:22 AM |
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Still holding some coins and tokens with low trading volume, im hoping they wont get delisted on the exchange they are currenty listed
Delisted? Is the situation that bad? What coins you're holding? |
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janggernaut
Legendary
Offline
Activity: 2394
Merit: 1131
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August 11, 2019, 10:46:09 PM |
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Still holding some coins and tokens with low trading volume, im hoping they wont get delisted on the exchange they are currenty listed
Delisted? Is the situation that bad? What coins you're holding? It's not delisted yet but who knows, sometimes exchange site will delist any coin which having low volume. They will inform you though to withdraw your coin before the due of delist of that token. |
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Talomericahar
Newbie
Offline
Activity: 56
Merit: 0
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August 12, 2019, 11:21:01 AM |
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Still holding some coins and tokens with low trading volume, im hoping they wont get delisted on the exchange they are currenty listed
Delisted? Is the situation that bad? What coins you're holding? They will inform you though to withdraw your coin before the due of delist of that token. Oh, fine then, I better do that asap anyway. Thank you letting me know! |
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