Why have so many platforms delisted Polygon tokens?

[Husires]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

[JangoUnchained]

Nothing is wrong with the Polygon network mate, maybe the exchange have a reason of abandoning Polygon Network right now or there is an upcoming small upgrade, what is the name of these tokens you referring to? I believe you can find other exchanges they are listed on and look if their polygon deposit and withdrawal is still open.

[Tytanowy Janusz]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

I've checked and polygon deposits/withdrawals for stable coins are still available on exchanges that I use. What exchange are you talking about. Maybe its a temporary wallet maintenance? Or maybe they delisted poligon stable coins due to low traffic.

[bitkanu]

Can you give a clue what kind of token it is? I meant im still holding some tokens based on polygon network and nothing happened with it instead of these tokens being listed into the new exchange sites. May i wrong about this? Lets see what token it is.
I guess if such token has a very poor performance during the bearish market and that makes token has low daily trade volume then exchange site decide to delist it.

[cytpoway121]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

I think since what happened to ust for luna, and madusd in the evmos network; cex are being careful what type of USD stablecoins they are going to allow on their platform. Also, I do not want you to view this like an agenda against polygon network, no it is not. Bad projects get delisted all the time; and this is exactly what is happening to some stable coins. For now I think you should trust bsc stable coins, it is also a low fee blockchain network

[coinerer]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

I followed the exchanges I used and found that both deposits and withdrawals for Metic are open so far and the polygon chain is open for other tokens as well. i Don't know which exchanger actually did it. can you post here some exchanger as example. I seen matic Network everything is still ok and there are no reason available if as it can happen

[knowngunman]

I've checked and polygon deposits/withdrawals for stable coins are still available on exchanges that I use. What exchange are you talking about. Maybe its a temporary wallet maintenance? Or maybe they delisted poligon stable coins due to low traffic.

Same thing here. I was shocked reading the OP but I just checked and everything is working efficiently. It might be an error from the end of the exchanges he uses. There's actually low traffic on polygon coins but it will be unfair for exchanges to delist any of its coins without making announcement to their community.

[ryzaadit]

Which one? give some examples.

I check most of my stablecoin is still being listed in every exchange, by the way a bridge transaction is now really low. Even, the wallet polygon on exchange have some maintenance. If I want to transaction mys stable coin on polygon, just bridge the token to other chain "ETH/BSC".

But so far, don't have any problem with polygon network.

[fiulpro]

They are open for trading/buying/selling but I do think if your wallet, actually banned it I think it might be because of the Price up and down, thus I do think that you can change your exchange for the while and then also you can send it to your exchange as well.

Please make sure that the wallet you use is good, for example I used Zebpay and they delisted the Luna etc, instantly shib was banned for trading suddenly and I also lost a lot because of it, thus it's wiser to have like 5-6 exchanges you know, have registered for and can trade instantly.

[OgNasty]

Which one? give some examples.

I check most of my stablecoin is still being listed in every exchange, by the way a bridge transaction is now really low. Even, the wallet polygon on exchange have some maintenance. If I want to transaction mys stable coin on polygon, just bridge the token to other chain "ETH/BSC".

But so far, don't have any problem with polygon network.

I also not found any exchange like op story . i have withdrawal stablecoin USDT in polygon from Binance and MEXC   just in a couple hour and all is working as well. i didn’t face any problem with my withdrawal in polygon network . i didn’t think they have any problem with Polygon network yet.

Same here.  This is the first I've heard of exchanges delisting Polygon assets.  Can you give an example OP?  I'm not sure we're all on the same page.  When I first saw your topic I thought maybe some exchanges were delisting MATIC, but now it seems like maybe some scam stablecoin is what you're referring to?  In any event, some examples would be nice so we can understand what it is you're trying to say.  Also, investing in stablecoins isn't smart.  I thought the Luna fiasco would have cleared that market out.  Anything offering 20%+ yield is most likely going to take your money at some point.  There are no shortcuts.

[serjent05]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

One of the major reasons why exchanges are delisting tokens is their volume.  Probably your token volume that is on that exchange does not have enough volume to meet the exchange's daily requirements.  It is normal for the SOP of exchanges to remove tokens of any network if they failed to comply with the required trading volume.

Same here.  This is the first I've heard of exchanges delisting Polygon assets.  Can you give an example OP?  I'm not sure we're all on the same page.  When I first saw your topic I thought maybe some exchanges were delisting MATIC, but now it seems like maybe some scam stablecoin is what you're referring to?  In any event, some examples would be nice so we can understand what it is you're trying to say.  Also, investing in stablecoins isn't smart.  I thought the Luna fiasco would have cleared that market out.  Anything offering 20%+ yield is most likely going to take your money at some point.  There are no shortcuts.

Same here, I also thought of that Exchanges are delisting Polygon and all the tokens in its network but found out it is fake news.  So I think that OP's token is something that is created on the Polygon network and does not have enough volume to meet the requirement of the exchange and thus got delisted.

[goaldigger]

There are reason why exchanges delisting a coin/token probably if Polygon got delisted on the exchange you are using, it might not be qualified anymore to be on that site. But seriously how many exchanges already delisted Polygon as stablecoin? I didn’t see any exchange yet and as per checking right now Polygon are still listed on top exchanges.

[JeffBrad12]

I think that isn't true, most coins that are in polygon still getting listed by the famous exchange maybe you're using lesser famous exchange, moreover if that's really true that could be a business decision coming from the exchange itself maybe they think it's just more efficient only accepting coin from eth alone, but then again i think that doesn't make sense at all since matic and eth is like very similar, however you could just move over to better exchange if that's true.

[Psynthax]

most coins are still getting listed, ethereum merge doesn't change a thing it's more or less still the same eth i think even the value of eth right now is decreasing so much.
it could be only some maintenance coming from the exchange that you used otherwise I doubt they gonna just delist coin from polygon like that because that'll decrease their user coverage which is bad business decision.

[nakamura12]

Maybe from op exchange they was temporarily suspend polygon network for maintenance or solve some instant problems. but it was not a permanent suspending. and maybe op don’t understand it and ask here a question like this. hope op exchange now again opened polygon network withdrawals. op should confirm it here now.

If there's a maintenance going on then why would they remove polygon when they can simply suspend withdrawal and deposit like many changes do. If they remove polygon then they would have to add it again if it is temporary. We don't know the reason why many exchanges remove polygon and as I have said that many exchanges only suspended withdrawal and deposit for a certain crypto if there's a maintenance going on rather than removing the crypto.

[entebah]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

it's my first time hearing this if possible can you list which platform delisted polygon tokens?
because i try to search for any info regarding this but i don't see any platform doing this

[nakamura12]

I believe it was only maintenance purpose and suspend withdrawal and deposit for whole. polygon is still a good chain and charge a little gas fees and this network still very popular and crypto users like to withdraw many token on polygon network to avoid extra gas fees. so there are no any purpose to delist polygon network from exchangers

I don't think that polygon is not a good chain as of this time since I have tokens on polygon network but I am quite curious why they would delist it and then list it again when as I have explained before where many exchanges doesn't remove but rather suspended any transaction on that crypto like deposit and withdrawal for example. Well, delisting a crypto could also mean that something is wrong with the crypto that's why I have stated those and it's not just one exchange which could bring more confusion or even panic to some people except I didn't get affected by it just curious.

[MAAManda]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

Sorry, but can you tell which exchanges do this to the Polygon network? I don't see any Delist related news on the various trading platforms I use. Maybe you can give us a news link regarding this. And if this is indeed the case, yes, there might be an obvious reason behind it all.

[BobK71]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

Sorry, but can you tell which exchanges do this to the Polygon network? I don't see any Delist related news on the various trading platforms I use. Maybe you can give us a news link regarding this. And if this is indeed the case, yes, there might be an obvious reason behind it all.

I also did not see any such news where delisting is mentioned. But many are thinking that it might be due to regular maintenance. Moreover, if it was specifically mentioned which coins have been delisted and which exchanges then the matter would have been clear to everyone. Overall this Polygon chain is quite popular now and in future it will overtake Previous ATH. Moreover, the investment on this project is constantly increasing.

[KaliLinux]

Due to low fees I used to keep stablecoins and some other tokens in the Polygon network, but in the past few days, most of the exchanges de listed these stablecoins or tokens on the Polygon network and only accept deposit and withdrawal to Ethereum network

It would have been nice to know the specific exchanges you are talking about but as far as I know, Polygon Matic is a good project and it could also be that the network in under Maintainance in that exchange, I have witnessed this with other projects in different exchanges.