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Author Topic: Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto excha  (Read 115 times)
ChillyMatthew (OP)
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November 15, 2022, 05:00:12 PM
 #1

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
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November 15, 2022, 10:52:26 PM
 #2

I think it shouldn't be traded on all exchanges until they sort things out. Nobody really wants to get a hold of that token right now so it's a normal response by exchanges since FTT has been devalued the last few days. Delisting it was probably also a way of "helping" the token's price not to drop even further hehe.

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November 18, 2022, 09:10:09 AM
 #3

I think by now it's obvious that this exchanges doesn't want to touch anything that has FTX on it.

That exchanges has collapsed and so it's token, so just to be sure, this exchanges doesn't have to have problems in that past until FTX has sorted this messed (I doubt thought that they can fix everything).

And with that, really sorry for those holders because their money is gone already.

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November 18, 2022, 11:26:07 AM
 #4

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.
The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.
https://twitter.com/binance/status/1592020929999159296
The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.

Well that makes sense to me. With FTX probably going bankrupt, there is a high chance that all the FTT tokens become completely worthless and therefore it is a good measure of those exchanges to just delist the trading pairs of that token. I mean even though they were warning not to buy and sell FTT token for a few days now at least people are still doing in in the hope of a quick profit, just like they do it with Terra Luna classic.
I just hope that the whole topic now slowly but surely cools off and that the rumors about other big exchanges also having financial trouble turn out to be untrue because if we see another big crypto company collapse then we are in for way lower prices than we are already having them now.
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November 18, 2022, 12:05:06 PM
 #5

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.

It's best to delist all unnecessary things because many people are still thinking that there will be a miracle for it to recover and they rush to buy it as a gamble, if not remove it soon many people will lose money on it. The actions of the exchanges this time, I think they have been more drastic than the collapse of Luna, currently Luna is still trading both versions on the exchanges. And with this action can be considered as the real end of FTX, investors will no longer have the opportunity to get their money back.

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November 18, 2022, 12:13:14 PM
 #6

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
It is FTT token, not FTX token but it is from FTX exchange.

It is smart to delist the token on their exchanges because if they hesitate to do it and things go worse, community will have many complains about that. They should go first with delisting to protect users and their exchange reputation. Later if things are better, they can re-list FTT token again, it's not a big deal. They already have code packages for that and just turn it off or on depends on what risk they see.

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November 18, 2022, 12:30:52 PM
 #7

It's the effect and result of what they did to the masses and that's to be expected that almost every exchange where their native token is listed, will delist it.
Any exchange that will delist it understands that there's going to be the huge impact of the fiasco that FTX has and they're no longer reliable so, the market that they have is not viable anymore for its traders.

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November 18, 2022, 12:47:07 PM
 #8


The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
Binance is in no hurry to delist tokens. The same thing happened with Luna.
https://www.coingecko.com/en/coins/ftx-token#markets


https://en.cryptonomist.ch/2022/11/17/role-collapse-ftx-crash/
US Congress is looking into Binance’s role in the collapse of FTX

"FTX was a US exchange. Actually, it was two exchanges, one international, FTX.com, and one dedicated exclusively to the US market, FTX.US.

Binance is also an exchange, although not a US one, and Binance also has a second exchange dedicated to US customers: Binance.US. "

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November 18, 2022, 02:28:55 PM
 #9

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
FTX collapsed as a result FTT also dropped even the company filed for bankruptcy so why people should trust the coin and its no surprise the next to LUNA crash, one who managed to get their coins traded on time got some money.

If any exchange still has the pair but the volume for buying will be close to zero so why should any exchange will have it.

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November 18, 2022, 02:40:55 PM
 #10

Sooner or later FTT will be delisted due to their issue. I think exchanges should do that until there is a final conclusion on what the company stance. Sam has a lot of recurring issues which arent sorted yet and of course traders who arr into futures will love to hype it and make a lot of profits. I am not sure why the hell they only did it right now but not at the very first time they already knew the problem? Maybe they taking advantage of potential profit thru shorting this token before eventually delisted.

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November 18, 2022, 02:58:20 PM
 #11

Sooner or later FTT will be delisted due to their issue. I think exchanges should do that until there is a final conclusion on what the company stance. Sam has a lot of recurring issues which arent sorted yet and of course traders who arr into futures will love to hype it and make a lot of profits. I am not sure why the hell they only did it right now but not at the very first time they already knew the problem? Maybe they taking advantage of potential profit thru shorting this token before eventually delisted.
Traders and holders of these token should be more cautious, better to sell why there still can and get that salvage value.
SBF still trying to survive though but to be more safe, better to cut all your deals and trades with FTT because for sure it will be the next one to experience the same faith of being delisted. Exchanges are just being careful here, most probably they are already selling their holdings to avoid further losses, we should do the same thing.

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November 18, 2022, 03:05:55 PM
 #12

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
It was inevitable. FTT dead and not subject to resurrection. FTX exchange collapsed irrevocably, and with it the users' money. FTT has turned into a useless candy wrapper and of course, all exchanges will delist it. Nobody wants to deal with FTT/FTX anymore. Such is their sad fate. Clients of the FTX exchange can only take it for granted and put up with it.

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November 18, 2022, 05:12:27 PM
 #13

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
It was inevitable. FTT dead and not subject to resurrection. FTX exchange collapsed irrevocably, and with it the users' money. FTT has turned into a useless candy wrapper and of course, all exchanges will delist it. Nobody wants to deal with FTT/FTX anymore. Such is their sad fate. Clients of the FTX exchange can only take it for granted and put up with it.
I hope Binance will immediately remove and delete FTT trading on Binance, there is still a FTT/BUSD pair, I hope it will be removed soon so that there are no more victims, if trading continues, of course it will make people buy it and surely FTT will slowly become useless trash

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November 18, 2022, 08:41:15 PM
 #14

It's probably the end of the road for FTX top Exchange are currently cutting their affiliations with FTX. I don't blame those Exchanges. FTX has actually destroyed many Crypto-enthusiast and some ignorant once may still see it as an opportunity to join or just become foolishly optimistic about FTX.

Exchanges deleting FTX is also a protection plans those exchanges are employing to protect their users and community from FTX, I think we should learn when to give up on failed Cryptos like FTX.

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November 18, 2022, 09:03:55 PM
 #15

Doesn't really make sense to keep it listed to be fair. Why keep something that is bankrupted listed there, and obviously when something gets delisted from all these exchanges, there is NEVER  a way for it to come back. If you really have any wish or hope for it to ever come back, please stop it, if you keep on investing on it or even hold it, that’s going to just hurt your income and profits, you are going to lose more and more.

If anyone who reads this message still has even a cent of FTX, just sell it, sell it right now and get out because it’s going to hurt you. Only hold it if you accept that it will go to zero, and you don't care, which is weird but that’s the truth.

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November 18, 2022, 09:57:46 PM
 #16

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.
Funny for an exchange that is trying so hard to promote it's shitcoin BUSD. Why did they delist FTT/USDT then? I doubt if it was about volume

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
Then why are you saying that all the exchanges mention delisted FTT?
As far as I know, Bitmex announced just a few days ago that the token could be trading on the platform

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November 18, 2022, 11:17:14 PM
 #17


As expected, FTT token will be delisted by other exchanges because of its fiasco. 

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.
Funny for an exchange that is trying so hard to promote it's shitcoin BUSD. Why did they delist FTT/USDT then? I doubt if it was about volume

It is also possible because they have access to BUSD and are willing to be responsible if ever problem arises.  It really sounds funny but it is CZ decision, if we are against it, better to create our own exchange and do things we wanted to do.  Grin

It is a matter of time when other exchanges will follow these examples of delisting FTT token pairs.
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November 18, 2022, 11:41:13 PM
 #18

All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.

This is bad news for all FTT User and holder, this news has crashed the FTT Price, but i just check i still saw FTT/BUSD Trading pair and the trading volume still good.

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November 19, 2022, 01:46:03 AM
 #19

In fact, FTT delisting had to be carried out by several markets to avoid all the unresolved suspicions at this time. because big markets like binance, Kucoin etc. are delisted only for a while as long as all FTX problems haven't been resolved. if indeed all the problems have been resolved surely FTT will soon be listing again in the market.
I think some FTT coin market delisting is just to keep the good reputation of the market maintained. because at the moment there are a lot of complaints about FTX issues and FTT price drops that are very deep

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