No exchange? No Value!

[aioc]

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?

That's one of the dilemma of investing in a new coin or coins that are not on the top 20, they are traded in one or two unknown exchange and when there are no volume and when the coin is de listed, you are at a loss on what to do on these coins, it will end up just a bad memory of your investment, but you have to move or maybe wait for the coins to be pump again.

[pilosopotasyo]

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.

Investors should do away with pump and dump coins the risk is way to high, you are going to lose if you are late in dumping the coins and when exchange the de list the coin and the developers has no update,then that's the end of story for that coin, so think twice or thrice if you are goign to invest in a coin with no purpose at all.

[Lrshohag]

I think it was the result of your foolness.
Without knowing about the project you was invested on the platform.
Without exchange the coin has no value.
The only way is waiting when this coin will list on another exchange.Be patient.
If your luck is well you will get success.

[Teraboy]

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.

You are writing the correct point about that and it has not chance to be revived again. the story will be end after it has been getting delisted from the exchange site. The exchange site is a key for coin to get its value from the demand.

[XCANA]

That's important to know. The value of any cryptocurrency solely depends on the exchange, if any project had no reason to list their tokens into an exchange then it value won't be seen. We had many of these dead tokens from projects that where abandoned and projects that scammed investors, they have no use any more except if the project is reinvented or get partnership from good organization.

[Retainly_Collie]

I think it was the result of your foolness.
Without knowing about the project you was invested on the platform.
Without exchange the coin has no value.
The only way is waiting when this coin will list on another exchange.Be patient.
If your luck is well you will get success.

Don't say that, everyone has the right to make decisions and choose their own investments. And if they are not careful and do not have much knowledge, they will encounter many scam projects in this market. I myself have invested a lot of shitcoin but after being in this market for a long time, I have enough knowledge to choose the best altcoins.

[Reid]

Is this the same coin as what they give in brave browser? BAT right?

All you can do is wait for them to be listed in another exchange.
I bet they will if they really want to have more buyers and also for the value to increase.
The question: Did you do your research before buying it? Is there really a future for it? Or is it just because of a hype in the chatbox?

[CaVO32]

Is this the same coin as what they give in brave browser? BAT right?

All you can do is wait for them to be listed in another exchange.
I bet they will if they really want to have more buyers and also for the value to increase.
The question: Did you do your research before buying it? Is there really a future for it? Or is it just because of a hype in the chatbox?

At least, there's still hope in this case. It's not that he left his coin in the exchange but it is in his possession. So yes, what he can do right now is closely follow this project and definitely it will be listed again if this is really a good one. Is this the Basic Attention Token (BAT) that he is talking about? Can the OP add the thread or website that he is referring to?

https://bitcointalk.org/index.php?topic=1947864.0

[fuer44]

just let it go, because coins that have no value in the exchange, or coins that are not immediately listed on the exchanger, it will be like that for a long time, even forever. I experienced it for even 1 year, but the difference is I didn't buy but from the bounty campaign.

[Ridwan Fauzi]

What exchange did you use to buy the coin?

I was trying to find more about batcoin in coinmarketcap but there is no result, it means it is very strange that coin who has been listed on the exchange but hasn't listed on the exchange.

Most likely, the coin that you bought was scam coin. Usually if the exchange decided to delisted the coin then there are two possibilites. One, the coin have no volume and two scam coin.

[bayudndy]

What exchange did you use to buy the coin?

I was trying to find more about batcoin in coinmarketcap but there is no result, it means it is very strange that coin who has been listed on the exchange but hasn't listed on the exchange.

Most likely, the coin that you bought was scam coin. Usually if the exchange decided to delisted the coin then there are two possibilites. One, the coin have no volume and two scam coin.

All exchanges have canceled this altcoin listing, which is why you cannot find any information about them. This project is really dead and the tokens are just piles of trash with no value at all

[Ryushin]

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?

I see you are newbie, that coin sucks I guess because it's already inactive after I did few research on the coin, even on coinmarketcap there is no single valid data about this project, it's a shame you can't get a proper answer, just hold for now and don't expect anything from the project but sometimes dead coins do bounce back to life

[m.rifki]

What exchange did you use to buy the coin?

I was trying to find more about batcoin in coinmarketcap but there is no result, it means it is very strange that coin who has been listed on the exchange but hasn't listed on the exchange.

Most likely, the coin that you bought was scam coin. Usually if the exchange decided to delisted the coin then there are two possibilites. One, the coin have no volume and two scam coin.

All exchanges have canceled this altcoin listing, which is why you cannot find any information about them. This project is really dead and the tokens are just piles of trash with no value at all

when the coin has been thrown from the exchange, there will be no chance to rise again. moreover, they were not listed on many exchanges before. that means there is a problem with the project, not because they don't have a good enough trade.

[Furryball]

The coin is no more alive, no single sign of rebirth too, it's better to forget this coin and find spare time to learn more about better projects or what makes a better project then start gathering the missing piece bit by bit, learning is all you need right now

[ahmia39]

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.

Yes, and actually this should not be discussed too deeply, because I'm sure everyone has also experienced something like this even if only once, this is more to the risk when someone is not doing research on a project that he likes at the time.

[sayulita]

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!

That project is already abandoned and the only thing that the OP can do is to either hope for some other team to pickup this coin and restart the project, but the chances of it happening are pretty less. OP should have done a research prior to buying his coins, maybe he was greedy to make some profit on low marketcap coins, but was unlucky to have suffered such loss. If you are a new person in investing then you shouldn't play with low volume coins and the coins which aren't even in the top 100 list of altcoins, I guess you will learn something good from your mistake.

[rahmathidayat93]

I have never heard of batcoin before, sad to hear that the exchange site has been hacked and maybe you can't do anything with the coins you have now. maybe batcoin will have the same fate as exchanging coinsmarkets

At first glance, if we see from the name that is the copy paste from Bitcoin, the coin maker only replaces one letter to attract everyone's attention, this looks very funny because they managed to trap several people.

[arufox]

You say buy from crypto exchange website?? What is that exchange?
That's why before buy cryptocoins, make sure that many exchanges support it. Because we can sell it in another exchange if something wrong

I think, the only way you must to do is hold your coins until new exchanges comes, Follow their telegram to see announcement about that

[Reid]

Is this the same coin as what they give in brave browser? BAT right?

All you can do is wait for them to be listed in another exchange.
I bet they will if they really want to have more buyers and also for the value to increase.
The question: Did you do your research before buying it? Is there really a future for it? Or is it just because of a hype in the chatbox?

At least, there's still hope in this case. It's not that he left his coin in the exchange but it is in his possession. So yes, what he can do right now is closely follow this project and definitely it will be listed again if this is really a good one. Is this the Basic Attention Token (BAT) that he is talking about? Can the OP add the thread or website that he is referring to?

https://bitcointalk.org/index.php?topic=1947864.0

Yeah, is that the same with this, or they just luckily had the same name?  
https://bitcointalk.org/index.php?topic=400753.0

Yours started in 2017.
While what I saw started in 2014.
What did he really buy?
IIRC, every coin that is delisted from an exchange is mostly because of very low volume or nothing at all.
This means, there are not many buyers for this coin anymore but more sellers.

[Pffrt]

Without exchange, it has no value at all. Even if there was exchange, I doubt such shit project would have a value. Can you share how you purchase this coin? I have never heard about this coin. Also, which exchange are you taking about? Can you share? It seems like the exchange was also part of well planned scam trick.