No exchange? No Value!

[Kupid002]

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?

yes, doesn't have any value right now if you can't see it in other exchange.

What you should do? Go check the announcement thread or social media channel of that project so you will know if the team continue developing the project or they abandoned  it already.

If they have telegram you can ask there to when they plan to list it in other exchange , if there are other holders believe in that project in that channel you can sell it to them p2p if they are interested for buying your coins .

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[lienfaye]

Why did you buy that coin? There's no progress on the project anymore and unlikely to become listed again in exchanges.

Sad to say you bought a coin that has no value. What you can do now is to follow their social media sites if ever the dev continue the project and hope they work on it again.

[Ken_terrance]

Sorry OP you picked a very bad project, there are many better options in the market, why did you choose such coin? Team hardly keeps development alive, channels are cold as frozen chicken, there are ways to choose good projects and I think you should spend time looking for how

[Slow death]

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?

Before you bought this altcoin, didn't you do any research? look at some data I found:

!<~~~~~[BAT] BatCoin - The Reincarnation [Stay tuned] ~~~~~>!

and interestingly I found your post:

Wow, cool project. Where can I buy some batcoin?

forgive me, but i confess i couldn't stop laughing, i know that it is a very sad thing. But how did you come to the conclusion that this was a good project? On the same page you posted there were red flag signs like:

Currently no batcoin mining, last block 35 days ago. Well, it is alright. Maybe this coin is dead.

[Yudhisthir]

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.

It's not a new coin at all.
https://www.coingecko.com/en/coins/batcoin

It's an abandoned project. It's a coin from early 2014. There were a flood of new community based mineable coins at that moment and many came and went as the person who started it didn't continued it with and other people didn't bother to keep updating and mining it. If it was just the lack of mining, we could have hoped for it to come back from dead one day, but the project seems completely abandoned which would bring further more complexities in rejuvenating it even if we want.

[robattfield]

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 cannot sell them in the future, and this token has become worthless. You need to monitor altcoins on a regular basis to avoid such cases. Also, never buy shitcoin in this market, focusing on the top 100 altcoins in this market is enough.

[Byakuga]

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?

There is nothing you can do than hoping that the project will come back to life someday, I think the team aren't that hard working, the coin should be listed on new exchange by now, it's even easier to list on idex, I think this project is been managed by bad team

[Divinespark]

There is no other way, you need to hope the project is still active and they must be listed at other exchanges. That's the only way you can sell all those tokens, if the project is no longer updated or operational then I think you should keep it as a souvenir.

[Noman104955]

Exchange doesn’t matter.You have your Batcoin. So you can check batcoins website or twitter etc that this project is alive or not.And Are they listed any other exchange.If they are not listed on exchange right now but project is alive you have a hope.Batcoin can be listed on exchange.You can ask in their support or their telegram group.But if the batcoin project is dead.Then you are likely to suffer a huge loss.So check hurry.

[wywoc]

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 now, except waiting and hope it will be listed on other exchanges. And be careful if you want to hold some kind of that coins, which have very low liquidity and the risk that it becomes worthless if the dev team leaves the project and it is delisted on all exchanges.

[Zazzu]

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 now, except waiting and hope it will be listed on other exchanges. And be careful if you want to hold some kind of that coins, which have very low liquidity and the risk that it becomes worthless if the dev team leaves the project and it is delisted on all exchanges.

It looks like the project is dead, so I believe this project will never be listed on any other exchanges. It is best to forget this investment and see it as a lesson in this market

[wywoc]

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 now, except waiting and hope it will be listed on other exchanges. And be careful if you want to hold some kind of that coins, which have very low liquidity and the risk that it becomes worthless if the dev team leaves the project and it is delisted on all exchanges.

It looks like the project is dead, so I believe this project will never be listed on any other exchanges. It is best to forget this investment and see it as a lesson in this market

Yes, I have checked too, so we have an experience here, if you want to hold a shit coin, may be you need to choose an ERC20 token, which atleast can be traded on Forkdelta (but price and liquidity is very low), instead of the coins with their own blockchain. If their blockchain shutdown, you lost all.

[Sterbens]

It is better to buy only altcoins listed at major exchanges like Binance, Okex ... Those are good altcoins that you can buy and hold in the long term without fear of them being removed from exchanges, do not Waste your time and money with the bullshit project

With a high exchange, of course, it will have very high liquidity and the best altcoin is there. I only recommend the best exchange at the moment where many tokens and coins have shown an increase since the first listing, therefore this only minimizes your risk in other exchanges.

[FairUser]

It is better to buy only altcoins listed at major exchanges like Binance, Okex ... Those are good altcoins that you can buy and hold in the long term without fear of them being removed from exchanges, do not Waste your time and money with the bullshit project

With a high exchange, of course, it will have very high liquidity and the best altcoin is there. I only recommend the best exchange at the moment where many tokens and coins have shown an increase since the first listing, therefore this only minimizes your risk in other exchanges.

I also never care about altcoins listed at small exchanges. It's too risky to invest in these altcoins because they have low liquidity and the price can crash anytime.

[chichidori]

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?

Move on and trade another coin/token or you can see if the devs are still active on their social media posting update about the project or planning to be listed in another exchange but by the looks of it you're holding a dead token with no chance of revival.

[bluebit25]

I didn't even find any information about this project at coinmarketcap. It seems they are not listed there yet, and this is just a bullshit project in this market. Now you will not be able to sell them because there is no exchange to support them

[7788bitcoin]

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.

The only option is to contact the development team on what their solution is regarding getting listed in exchange as it will cost them money to get listed and whether they are confident enough to spend money to get listed is the main question depending on what their policy is with the project. I have not heard about the project but you might be having their social media contact details or even telegram ID and that is your only bet.

[Vishnu.Reang]

Move on and trade another coin/token or you can see if the devs are still active on their social media posting update about the project or planning to be listed in another exchange but by the looks of it you're holding a dead token with no chance of revival.

Have you ever invested in equities? IMO, a dead cryptocurrency is more like a delisted stock. Involuntary delisting of stocks mostly occur, when the stock exchange bans the company for fraud or similar reasons. Similarly with tokens and altcoins, crypto-exchanges delist them when the project teams engage in fraud, or if the trade volume falls below the sustainable levels. Delisted stocks still have some nominal value, as they are rarely traded through pink sheet platforms. Similarly, delisted tokens may get some minuscule trade volume, from the DEX sites.

All that said, if a token gets delisted from the major exchanges, then don't hold much hope. Dump them if you can. Else forget about the investment and move ahead.

[campusnet]

Move on and trade another coin/token or you can see if the devs are still active on their social media posting update about the project or planning to be listed in another exchange but by the looks of it you're holding a dead token with no chance of revival.

Have you ever invested in equities? IMO, a dead cryptocurrency is more like a delisted stock. Involuntary delisting of stocks mostly occur, when the stock exchange bans the company for fraud or similar reasons. Similarly with tokens and altcoins, crypto-exchanges delist them when the project teams engage in fraud, or if the trade volume falls below the sustainable levels. Delisted stocks still have some nominal value, as they are rarely traded through pink sheet platforms. Similarly, delisted tokens may get some minuscule trade volume, from the DEX sites.

All that said, if a token gets delisted from the major exchanges, then don't hold much hope. Dump them if you can. Else forget about the investment and move ahead.

I once had a token like that. but not a large amount because I got it from the bounty. they are removed from the exchange because there is not much trade. That is because every exchange has its provisions to set a minimum trading volume. many big exchanges do that.

[Sanugarid]

I guess you just bought a shitty coin mate, upon searching through it, it appears on the coinmarketcap however there are data that talks about the coin. Even the price, you can tell if the coin is a shitcoin or not, the last price of Batcoin is at $0.000091, there's no exchange listings from batcoin so expect this project to be gone forever. I don't know what you see in batcoin when you bought it, we do have a lot of high potential coin in the market just right below the bitcoin. Did you hope to get rich when that coin pumps? how pityful.