No exchange? No Value!

[carter34]

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

 

What do you think I should do now?

I think you can research on them about the one that can grow and you can just move on. Abandon them as well in your wallet for sometime but don't delete them off until they are not found in any exchange anymore.

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[Peanyut991]

Many altcoins are like that now, usually the coin is the result of ICO, IEO, or ITO programs. Developers reasoned that they would improve their products first so that they were delayed from registering on the exchange. Such reasons will only make investors no longer trust the coin.

[RealMalatesta]

Most exchanges delist a coin when the volume is too low, the scam version rarely ever happens even if they are scam because exchanges only care about the volume. The reason why exchanges care about the volume is the fact that when there is a huge volume, that means exchange makes profit, if there is no volume that means they are not making any profit at all.

So, you could have a scam coin that owners just stole all the money and left, but if it has high volume with people selling and for some reason others buying, they would still keep that coin up in order to make more money as an exchange. However you can have a proper coin that is worked on but has very little funding so everything takes some time, and they will delist you in a heart beat, since they do not care about how good or bad you are, only care about how much they profit from you.

[ife2020]

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?

Well, you have mentioned it all, when there's no exchange platform to dump your tokens, hence no value at all. And worse still, some project's are already dead. You can continue to hodl on to the tokens in deep believe of a miracle or you burn the token, the choice is all yours

[Gotumoot]

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 that you could do anymore since the project is dead this should be a lesson for you and for everyone who would read this thread.
Before you invest on anything dedicate sometime to do some research so you wouldn't end up losing everything.
The project is already dead for so long so why did you even invest in it?

[shoreno]

the coin sounds like a coin from brave browser but isnt that called called bat token only ? not batcoin . this is the problem of buying new coins because they are listed on a wierd exchange or a new exchange that dont have a repuation yet which can easily be shutdown  . the listing is also limited to few number of exchanges  which is risky like what happen to the op here  though what the op did is a nice move ( transferring his coins to a wallet instead of exchange )  . the only thing that he can do is to wait , if his lucky maybe the team cames back to list the coin on another exchange

[Bitcoinislife09]

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?

Your right if the token is not listed in any exchanges the token will have no value at all. Just like what other dead altcoins in the market end up because the owner of the project didn't really put an effort to get the token or altcoin listed in the exchange. Without the exchange, the market price would be zero. Also, you cannot sell your holdings, the thing here is if the exchange it was listed was hacked you might need to find a new exchange that is listed or going to be listed. It's not going to get a price so you need to wait until it gets listed in a new exchange but I doubt it a lot of tokens is not going to get listed in some popular exchanges.

[barbara44]

Lol, I have had this kind of experience before. This doesn’t have anything to do with the exchange. If the team that owns and manages the coin are active you will still see it and it will have value. I have received tokens once and stored them on my Trust wallet and the next thing I wake up to see it having no values at all, and it has already dropped to $0.00. So, it happens because the team that runs the project are no longer there, they have abandoned it.

Reasons like this are why people are no longer trusting new projects. Before you buy any new token, it’s best to look deep into it, so that you will know what you’re buying.

[LbtalkL]

If that project is good they can list on other exchanges nothing to worry about. but if they only have that hacked exchange and they didn't do something about it looks like they don't care about their investors. Searching online I only found this https://coinmarketcap.com/currencies/batcoin/ with no info at all. It seems like a scam coin for me. If they have telegram/discord community better go there and ask for updates because it looks like a dead coin. I guess it is better to move on and forget this sh*tcoin if they will be listed on other market that's good if not, better not to do the same mistake again.

[babygun]

If that project is good they can list on other exchanges nothing to worry about. but if they only have that hacked exchange and they didn't do something about it looks like they don't care about their investors. Searching online I only found this https://coinmarketcap.com/currencies/batcoin/ with no info at all. It seems like a scam coin for me. If they have telegram/discord community better go there and ask for updates because it looks like a dead coin. I guess it is better to move on and forget this sh*tcoin if they will be listed on other market that's good if not, better not to do the same mistake again.

It is indeed a scam coin. OP was probably looking for a quick win, but it backfired on him. Happened to me too on several occasions.
But even if a coin gets listed on a major exchange, they can still become a scam.

[irixo10]

First I do not know much about this project, secondly, you did the right thing by withdrawing your funds or assets to an offline wallet so that you will have control over it, what if you didn't? It would have been a different case altogether. Now that the exchange is hacked and gone just like you said, it is now left for the project team to look for another exchange to list their token and continue from there, but however this will depend on how good the project team is. Yes, for now it might have no value but once listed again, it will have a value, so you have to wait for it and also engage the team to know what next they are planning to do.

[Rengga Jati]

Of course, if the coin isn't listed in an exchange, then how it can have value. No one trades the coin if it isn't listed in an exchange yet. But if you still keep the coin in your private wallets, you may have a chance to see that coin listed on an exchange anymore. Have you contacted the team members of batcoin and ask them about the plan to list on a new exchange? They can plan to list the batcoin to a new exchange. Anyway, I advise you to not buy a coin that is listed on a small/untrusted exchange only. You are better to buy a coin listed on top exchanges or big exchanges. It will be much better if the coin has already been listed on some exchanges and have big volumes there.

[serjent05]

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 but wait for batcoin to have an exchange.   Or you can try to open a thread here to sell your batcoin but I don't think that will cater any interest because of its current situation.  You can also try to sell your coin on its telegram channel (if they have one) and see for yourself if there is anyone interested there.  Or be wise enough to accept the losses and move on.

[Lordhermes]

Value is the ultimate here. According to research on gidhub, Batcoin stopped operations 7 years ago, so no way you can do about it. Always do your research before investing into some altcoin. Follow up the project telegram group for information.
Sorry mate, next time never been fool again.

[Cherylstar86]

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 felt your pain mate, that's the most common feelings nowadays specially when your part of a non growing project. Most tokens generated during bearish market wasn't able to established a reliable value and not even listed on a trusted exchange sites. What you need to do right now is coordinate with the team of what coins you're holding and ask for any developments. It's the best thing to do in order to wake them up to reactivate the community once again.

[SlimShadyMmp]

My only advice for you is dont care about the exchange or how much X a coin is making if you havent research it yet, basically check their website their social medias and any other prospects and roadmaps ofcourse before you invest Sometimes blind buying is very bad and you can lose your asset just like you did now.Research before you buy

[judeafante]

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 have not done good research and this is the consequences of your action you can't do anything on it now, it's now useless coin but if there is a developer of the project and the roadmap is still continuing then you can hope that the coin will be listed again and on a better exchange

[Traderbtcc]

What do you think I should do now?

At this point I don't think there's not much you can do apart from keeping the coin in your wallet and hoping it gets listed somewhere, just continue to pay close attention to the project, in order for you to know when it gets listed in any exchange,next time try doing a proper research before buying, investing or using any crypto exchange platform, as for me I normally avoid using new crypto exchanges for safety purposes.

[robelneo]

Exchange is the parameter of the value of the coin, without any exchange the coin is useless, that is why top coins have a lot of exchanges because they are very valuable in the market, this is the reason why investors prefer IEO because it is automatically listed in exchange and investors can see the value of the coin immediately after the sales, they do not have to wait for months just like coins coming from ICO.

[Lagduf]

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 have not done good research and this is the consequences of your action you can't do anything on it now, it's now useless coin but if there is a developer of the project and the roadmap is still continuing then you can hope that the coin will be listed again and on a better exchange

He must learn a lot from this case never try to invest in what they didn't know about it. Some exchange sites must be also included in the banned list as these exchange sites were always scamming its own users through create scam coins to be used to run IEO.