No exchange? No Value!

[CryptoSaint777]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

[Tipstar]

Even if that exchange was not gone, you'd still have no value for your coin as batcoin is already an abandoned project. The coin is listed nowhere and there are no any development activities from the team. The team didn't even renewed their domain and has totally abandoned it. Even their block-explorer is abandoned. Most of the mineable coins are dying now and it's worthless to invest in small mineable coins.

[Genemind]

It is not just the exchange you should look at. Even if it is listed anywhere, even if it's a big or small exchange, you should consider the volume of the coin if it has a demand or not.

There is nothing you can do, you should've made your own research before investing or even using an exchange. I actually avoid small and new platforms since there is no guarantee of it's safety.

[giammangiato]

The only thing that you can do is HOLD and hope in a future listing. Pay attention in the future to this kind of investments. Collect more info about the project and listings because a coin without pairs has no value!

[Mighty_crypt]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

Keep holding mate, the team have to find another exchange to list the coin, I guess this is a new project? Because new projects most times start with an exchange and later find ways to other exchanges? If it's old then it means the project team aren't that focusing on the project

[alani123]

Value is subjective. Cryptocurrencies have some value as a monetary instrument because of their properties. An exchange existing only makes it easier to see what the market has to say about a currency's exchange value.

If the coin you have has any prospects for a revival, then members of the community might be interested to trade coins with you regardless of an exchange existing or not. It'll be harder and could be trust based or rely on a middleman, but still can be done. Demand to trade coins exists outside of exchanges too.

[mersal]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

Currently BAT has no value because it is not listed on any exchange so yes you can liquidate that coin into fiat or any other cryptos.Do you keep tracking that project's development?

If it is not progressing for too long means there is no hope for it to have value even in future.

Sorry for you loss.

[btc_angela]

Even if that exchange was not gone, you'd still have no value for your coin as batcoin is already an abandoned project. The coin is listed nowhere and there are no any development activities from the team. The team didn't even renewed their domain and has totally abandoned it. Even their block-explorer is abandoned. Most of the mineable coins are dying now and it's worthless to invest in small mineable coins.

Yes, I try to search it in Github to see if there is some activity, but there is none in the last 7 years?

https://github.com/batcoin/batcoin

So it looks like this is a abandon project and could be considered as dead coins already. To the OP, you can't do anything about it as you can't exchange it because there's no value to the token or coin.

[Lantind]

Keep holding mate, the team have to find another exchange to list the coin, I guess this is a new project? Because new projects most times start with an exchange and later find ways to other exchanges? If it's old then it means the project team aren't that focusing on the project

If there is no exchage yet, then the choice is to continue to hold coins, because there is no place to exchange them, but usually if a new project suspends listing on the exchange or does not attempt to list their tokens, it will be difficult to find a suitable exchange, and even that will continues until the coins become junk and have no value at all.

[VDraci]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

Batcoin is a scrypt algo digital currency that looks like another shit project to me, what's the usefulness of this coin other than minable? I don't see good reason why this coin should be on better exchange, it's just another useless project, I think you choose the wrong project mate, next time choose better, well known crypto coins

[JeffBrad12]

If the team that is responsible for that coin didn't put any effort to get listed into a new exchange, it's as good as shitcoin and has no value or in other words you are losing money. just check how active their teams are and if possible ask whether they are going to get their coin listed or not. Worst case it's a dead coin that you can do nothing about.

[DoubleEdgeEX]

A fine example of high risk investment that didn´t pay off. That´s why it´s so important to diversify a portfolio, never put all your eggs in one basket and never invest money you can´t afford to lose.

Even if you get nothing financial out of it, ift should be a lesson of conducting more and deeper due dilligence when considering your next investments.

[princesspoppy]

I'm sorry but you can't do anything about it now. If there will be no exchange for your token, and as what other people have said that the project was already abandoned, then there's nothing else you can do but to keep it in your wallet.

[Tervelatuk]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

if your coin still in your wallet atleast you still  have chance to recover your coins value when developers team decided to list in another exchange. i have same accident but i still keep my coin in exchange wallet and unfortunately this exchanges gone with all user's money included me. find an update from team who know they will give good update.

[Finestream]

What exchange it was listed?

No exchange so there's no value for now, unless that's an ETH token where you can trade it in a decentralized exchange.
Everything is actually depending on how the developers will work, but if it's just a scam coin, don't expect anything good from it as the devs can't afford to list that in good exchange and will just disappear and will create a new scam project again.

The project actually exist as we can see it here - https://www.coingecko.com/en/coins/batcoin, but no necessary information yet.

[sandra_x]

It is wise rule never not keep your cryptocurrencies on an exchange, your best bet is to use an offline hardware wallet. If your altcoin is a good project, the team will definitely list on another exchange.

[bakasabo]

This is the problem that is often mention in trading section and in tips for all or newbie traders - do not make a trade without a proper research.
What was the reason to buy this altcoin ? I'll answer - sell and get profit. So why do you really withdraw it from exchange ? Such altcoins never hold for a long time. Second - why dont you check if it is traded somewhere else when you withdraw ? There always must be a Plan B.

Now, as people say, you are married with your Batcoin.

[batang_bitcoin]

What exchange is that? When you have bought that altcoin? is it by the time you have bought it exactly or it's from a long time ago? Once exchanges were hacked, they can say that they have no means to retrieve the funds of their users. But if they will count themselves accountable, they have to do a refund. In your case, it seems that they have no intention of returning the funds. Name the exchange and let's see if they are telling the truth that they have been hacked.

[X-ray]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

You can do nothing about that and what you can do to to leave your token in your wallet as your token as no value and that makes your token totally worthless. Dude, you should ask the community before you wanna try to invest even your pennies into the new ico or project.

[Greatchu]

You should be asking this from the project team not us, the team can easily give you answers you seek, maybe they will list on other exchange? I wonder what the name of the exchange that was hacked is? May be it's even a new exchange, I suspect that the project is not good enough but I will definitely like to know the exchange name