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Author Topic: Delete token in exchange  (Read 230 times)
apa don
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July 21, 2021, 04:48:21 PM
 #21

I have been trading tokens for some time. But what if all of a sudden they stop the token from a token exchange?what a closed token says.And will I ever get the closed token back? Is there a system? Tell me if there is.
Usually an exchange will inform the customer before they delete a token, so that the customer can make a withdrawal. If within the specified time period the token is not withdrawn, the token will be forfeited.

Yes, that's right, the tokens that are deleted are tokens that are less attractive to those who invest, and these tokens also cannot win for a long time.
However, if the token that is deleted is replaced with an interesting token, that's a good thing.

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RokokGudangGaram
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July 21, 2021, 04:57:32 PM
 #22

They don't just stop trading it or allowing it on their website they always have some announcement first, in my experience. May I ask which exchange site are you referring to? I'm afraid that your token on exchange might be lost or probably just contact them to return your token that's the alternative way you can do, the worst is they might just ignore you and you'll lose those tokens of yours.

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July 21, 2021, 05:43:52 PM
 #23

I have been trading tokens for some time. But what if all of a sudden they stop the token from a token exchange?what a closed token says.And will I ever get the closed token back? Is there a system? Tell me if there is.
Usually exchange willl make announcement via email about coins/tokens that they delisted. And we still have time usually for a certain time to withdraw our money out first but if we late, usually they can't help with anything. Like when i late to withdraw my HART, liquid can't help me anything and i lost my tokens.

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July 23, 2021, 12:06:25 AM
 #24

I have been trading tokens for some time. But what if all of a sudden they stop the token from a token exchange?what a closed token says.And will I ever get the closed token back? Is there a system? Tell me if there is.

There is an announcement from a certain crypto exchange if they'll gonna delist a particular token or a coin. This is to give you more time to sell off your token or swap it to other tokens and give you chance to exchange that token before they delete or delist it.

And if you missed the announcement, it was too late for you to get that back or recover it. Remember that a heads up from an exchange is significant for you to see and to manage those tokens that you hold.
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July 23, 2021, 01:12:48 AM
 #25

Of course there are tokens that are delisted on the exchange, therefore it is not recommended to hold tokens or altcoins on the exchange for too long.
for trading it is not a problem but for long-term investment it is better to have a personal wallet of each of these altcoins.
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July 23, 2021, 01:52:33 AM
 #26

delisted token on certain crypto exchange are usually sending an announcement via email and paskin on the newsfeed of a certain exchange site. However, if you failed to withdraw the token with the duration time expired it would be lost.
TWW
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July 23, 2021, 03:37:37 AM
 #27

Of course there are tokens that are delisted on the exchange, therefore it is not recommended to hold tokens or altcoins on the exchange for too long.
for trading it is not a problem but for long-term investment it is better to have a personal wallet of each of these altcoins.
most such cases are triggered due to unqualified trades from the exchange. Some assets on Binance and Kucoin have also been delisted. and it will be bad if you miss notifications from the project team also from the exchange. usually, they notify by e-mail. and there is a period of time before it will all be lost.
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July 23, 2021, 03:40:52 AM
 #28

I have been trading tokens for some time. But what if all of a sudden they stop the token from a token exchange?what a closed token says.And will I ever get the closed token back? Is there a system? Tell me if there is.
Before the exchange stops the token, they will contact the developer on the project and ask about the token. If there are no problems, the token will not delist from the exchange. But if somehow, the project does not have an active developer or team that still handles the project, the exchange can stop the token without any notice. It will depend on the exchange policy about how they will be listed and delisted the token. I do not know if there is a system on the exchange, but the exchange will constantly monitor which token has good trading volume and attention from the trader.

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July 23, 2021, 03:48:01 AM
 #29

I have been trading tokens for some time. But what if all of a sudden they stop the token from a token exchange?what a closed token says.And will I ever get the closed token back? Is there a system? Tell me if there is.
But if somehow, the project does not have an active developer or team that still handles the project, the exchange can stop the token without any notice. It will depend on the exchange policy about how they will be listed and delisted the token.

Most of the exchange has this policy, They always announce and give time for token holders to react on the delisting process, They usually send push notification and emails to token holders about delisting process of the token. Good exchange will let you recover you coin despite it was delisted while shady/scammy exchange don't give a fck about your loss token, They will just blame you because for your inactivity. It is important to don't leave any tokens on your exchange account as common courtesy for crypto trader.

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