Will Monero, Dash, Zcash, And Other Private Coins Be Delisted?

[Sithara007]

What is the point in trading an anonymous coin in a platform that is KYC-enabled? It doesn't make any sense. If an exchange allows the trade of anonymous coins such as Monero, Verge and Veil, then it can negatively impact both the sides. In my opinion, anonymous coins should be traded in DEX sites and peer-to-peer platforms. It is entirely another question, whether the authorities will allow such coins to be traded using the peer-to-peer platforms. Especially since many of the dark markets now prefer these coins instead of BTC or ETH.

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[WUWARAOLUOXIANG]

Apparently Zcash feels to be the most dangerous one. the ranks has trumbled down for a long time nearly two year without going up, feel bad for the investors including me. :-<

[VanDeinsberg12]

Apparently Zcash feels to be the most dangerous one. the ranks has trumbled down for a long time nearly two year without going up, feel bad for the investors including me. :-<

As not so many progress that happened with zcash and it's not a big surprise to see that. im still waiting for zkstarks that already promised before. Do you know about what happened with 1 million pre-mined coin of zcash? it seems become a very big problem for zcash for sure. Zcash offers nothing compared with dash and monero, that's why it was getting kicked into the bottom.

[JeotQ]

There might come a time where privacy coins will only be traded on decentralized exchanges but I bet this will make them more interesting, if you are not including any privacy coin in your portfolio you don't know what you are doing, there is high chances that privacy coins will be well noticed in near future.

[qwizzie]

Just for clarification, Dash is not a private coin.

Monero, Zcash : privacy-centric cryptocurrencies (meaning privacy is key focus for these cryptocurrencies and privacy is also their only use case. These cryptocurrencies have closed blockchains)
Dash : transaction-focussed cryptocurrency with optional privacy (optional privacy, which by the way is used less then 1% on Dash network. Also Dash has an open blockchain, just like Bitcoin)

Dash optional privacy is based on Bitcoin's CoinJoin, only implemented on a core level and expanded with more rounds to mix. There is currently more mixing occurring on the Bitcoin network
then on the Dash network .

Link : https://bitcoinmagazine.com/articles/percentage-coinjoin-bitcoin-transactions-triples-over-past-year

This leads me to conclude that Dash is less likely to get delisted, then privacy-centric cryptocurrencies with closed blockchains (where senders / receivers / amount can not be traced)
If an exchange delist Dash, that exchange may as well delist Bitcoin (which Dash has been forked from). Most exchanges view Dash the same as Bitcoin with regards to privacy and from a
legal/compliance point of view.

[sisule]

I ever saw bigger coin and have higher price delist from exchange market because get problem by developer with their country regulation, they have coin with bigger exchange market like binance and price reach above $5, for other coin will get the same problem how ever listing with many exchange market but their coin got terrible with their government rule exactly will delist from exchange market.

[iram3130]

Not every country or exchange will follow these international laws. These exchanges did that under the pressure of their governments, Another important thing to notice is that we have decentralized exchanges where people can buy/sell anything from their wallet. It will be harder to track those transactions if thats what government is trying to do. There are many exchanges which are based in countries where there is no jurisdiction of FATF, why will they delist these coins.?

[qwizzie]

Awhile back there was a big story about how OKEx Korea was delisting certain cryptocurrencies, which included Monero, Zcash, Dash and a few others (OP mentioned this also briefly on page 1 post 1).
Exchange OKEx Korea then reconsidered their formal decision to delist Dash and Zcash and to this day both Dash and Zcash can still be traded there :

Link : https://www.coindesk.com/okex-korea-reviewing-decision-to-delist-privacy-coins-zcash-and-dash

https://okex.co.kr/kr/view/exchange?coin=DASH&market=BTC
https://okex.co.kr/kr/view/exchange?coin=ZEC&market=ETH

Monero was delisted right away though.