IamAltcoinfan (OP)
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June 08, 2020, 11:26:38 AM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
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FloridaKid
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June 08, 2020, 11:31:00 AM |
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I don't have a clue as well, I'm not a fan of tenx project but it's weird that kucoin delist a coin that has enough trading volume, I suggest you take this to their Twitter and telegram groups for answers, both tenx and Kucoin, you will get answers faster if you ask tenx team
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umbara ardian
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June 08, 2020, 11:33:48 AM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
Maybe the deal between them was broken, and Kucoin had delist them for some reason. Go to the telegram of the project and learn about this, I believe your questions will be answered soon.
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Squezzi55
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June 08, 2020, 11:34:38 AM |
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You got it wrong, the real reason is probably because not enough people are trading it the coin on kucoin to make money... That's the only reason why kucoin will ever delist a coin off their exchange
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Teraboy
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June 08, 2020, 11:37:35 AM |
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You got it wrong, the real reason is probably because not enough people are trading it the coin on kucoin to make money... That's the only reason why kucoin will ever delist a coin off their exchange
It's not the only reason. Kucoin has CRPT too as the competitor for tenx but in my opinion tenx has less development progress compared with CRPT. I guess lack of progress can be considered as the main reason why kucoin was delisting tenx too beside the low volume.
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restuibu
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June 08, 2020, 11:51:27 AM |
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I also searched for that information but haven't found it either. tenx doesn't have a telegram so can't ask the team directly about this and at https://forum.tenx.tech/ there is also no discussion about the delisting
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minairia3
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June 08, 2020, 11:53:17 AM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
Its impossible a good project is delisted without much VALID reason. Probably they have been decreased on trading volume thats why they got off. This is not only on Kucoin but other major exchanges also do do delisting once they have reach a low volume. I like tenx but we cant really judge Kucoin for doing it. Its gonna be heart break for those who invested on tenx cause delisting is a major fud that investors can cause panic selling.
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Tomohisa
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June 08, 2020, 12:31:16 PM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
This is why I don't like Kucoin exchange, they kinda hit and miss in their rules where a lot of inconsistent. Even if there were something broken out between Kucoin and tenx, they should public out the reason why delisted all of sudden like that. Instead, let us sitting here make a guess. Lack of transparency is one of my complaint to Kucoin
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Phoenix_PROG
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June 08, 2020, 12:50:47 PM |
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I suspect disagreement between kucoin and tenX team, I can't say it's the volume because on kucoin tenx has better volume than some tokens and coins on kucoin, there is more than just volume.
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Divinespark
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June 08, 2020, 12:53:46 PM |
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There are many reasons why projects are deleted from exchanges, which is not a matter of volume. I have seen many projects with good volumes but still removed from past exchanges, such as BCH being delisted from Binance. So I guess they had an internal problem and not reached a deal
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Coin_trader
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June 08, 2020, 12:59:35 PM |
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This issue has been tackle few months ago and you will never get a precise answer here because that matter belongs to Non Disclosure Agreement on both party so all answer here will be just a speculation. I'm not a supporter of Tenx pay but I know that there has a sufficient volume to sustain listing so that's obviously not the problem.
In the past. I know that Kucoin is charging tons of money for listing fee monthly and also the price varies on how big the project. So IMHO it might be the cause of the conflict. But no one knows unless kucoin/tenx will release statement about this matter.
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Tahid12
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June 15, 2020, 01:03:58 PM |
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I've checked Their social network. Tenx (pay) team is active on Twitter but haven't found any possible annonucment for delisting Tenx (pay ) from KuCoin. Lack of volume or transaction can't be reason behind the problem cause there are a lots of token on kucoin, who has less volume & transactions than Tenx (pay). Maybe problem with their aggrement, is the main reason
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Anonylz
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June 15, 2020, 02:04:09 PM |
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This issue has been tackle few months ago and you will never get a precise answer here because that matter belongs to Non Disclosure Agreement on both party so all answer here will be just a speculation. I'm not a supporter of Tenx pay but I know that there has a sufficient volume to sustain listing so that's obviously not the problem.
In the past. I know that Kucoin is charging tons of money for listing fee monthly and also the price varies on how big the project. So IMHO it might be the cause of the conflict. But no one knows unless kucoin/tenx will release statement about this matter.
I thought listing fee is a one time payment thing that is undergone by projects to get listed! If payment are done monthly this could affect TenX pay financially, the market is still bearish especially for alts and not many of them are doing well especially in the project development aspect, paying a huge amount monthly to sustain listing process will certainly take a toll on the project purse. Although that's the case because TenX pay has been around since 2017 and can't tell me tha all this period they still pay monthly listing fees.
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nicedreams
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June 15, 2020, 04:49:46 PM |
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I've checked Their social network. Tenx (pay) team is active on Twitter but haven't found any possible annonucment for delisting Tenx (pay ) from KuCoin. Lack of volume or transaction can't be reason behind the problem cause there are a lots of token on kucoin, who has less volume & transactions than Tenx (pay). Maybe problem with their aggrement, is the main reason
So both Kucoin and Tenx social team still hasn't told why their coin delist from the exchange? Just like that? No information give to Tenx holders and investors?
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enhu
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June 15, 2020, 05:03:47 PM |
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Tenx is in the market since 2017, I've seen the project long time ago before the last bullrun but seem like there is nothing heard about the project that put it on the news which is why its price dropped a lot, unlike the MCO. Both projects compete tightly during their start but Tenx is left behind. If Kucoin doesn't gain for its listing, its probably the reason why its going to be delisted, same reason why most exchanges will delist a project.
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bigcash2011
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June 15, 2020, 05:17:11 PM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
I was strong supporter of tenx(pay) project from start but unfortunately it turned out to be way too bumpy ride, it was basically a wallet and card project but many people despite ordering the card many times never received it. On the other hand, the project even failed to protect the investors and the token value which disappointed many including me and i exited in loss. Similarly, looks like exchanges are not feeling confident with them either that is why they are delisting them too.
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Sourhearrt
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June 15, 2020, 05:40:12 PM |
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Kucoin exchange don't gradually delist coins and tokens from their exchanges for no reason sake, I suspect that tenx isn't the same as the old times, the team and Kucoin team aren't on good terms presently, something to do with disagreements or so, looking at tenx volume its still fair enough
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MRKLYE
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June 15, 2020, 05:43:14 PM |
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**cough SHITCOIN cough**
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Twentyonepaylots
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June 15, 2020, 06:07:16 PM |
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
Its impossible a good project is delisted without much VALID reason. Probably they have been decreased on trading volume thats why they got off. This is not only on Kucoin but other major exchanges also do do delisting once they have reach a low volume. I like tenx but we cant really judge Kucoin for doing it. There are many things to consider when delisting in an exchange. First is the maintenance cost, if the team behind the coin doesn't much have that money to keep up or generating less than what they have expected then it will be hard for them to keep their coin in the exchange. Second is the legal enforcement, some countries are very strict when it comes to cryptocurrency and some are not. There are times that government wants to prohibit the use of it, and there are also times that they want just to refuse, so it's either of this. Lastly, the competence of the team. This is the most crucial part of keeping your project to an exchange, is the team really dedicated to work for it? is the team really trying to? Its gonna be heart break for those who invested on tenx cause delisting is a major fud that investors can cause panic selling.
I don't know the coin, neither heard of it but yeah it's frustrating.
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Pecunia non olet
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June 15, 2020, 06:16:24 PM |
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Among all the past ICOs that promised real working crypto cards, Crypto.com achieved the goals and provide really cool cryptocurrency card with many bonuses, like free Netflix and Spotify services, plus cashback and staking profit. I do not think that some other altcoin could give more than Crypto.com. Maybe Tenx realized this and stopped working on its solution? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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