hitbtc removes coins from trading without announcement?

[pornluver]

Is this true

Btca, with, is gone. It's done without announcement at all.

Can anyone confirm?

I think they really should announce that. I wouldn't want to buy coins if I know that it will be delisted. Knowing which coins that will be delisted will help me pick coins more easily.

[gantez]

If this is true, then the exchange has behaved unprofessional. I believe such actions are announced to foreworn new investors and also give holders the time to take up a decision.

I have no information to that anyway.

[boyptc]

It has the same question on reddit --> https://www.reddit.com/r/hitbtc/comments/8wo43q/btca/

You should choose your new home after getting out of hitbtc, there are more than bad reviews on the web if you'll search it.

Btw this is their thread --> https://bitcointalk.org/index.php?topic=378827.0

[Potato Chips]

Yea there should be an announcement. I looked it up (blog, twitter, fb, telegram) and there's nothing about delisting btca. But they truly did closed deposits (last is on 2018-07-05 23:54) and halted trading (See here: https://hitbtc.com/system-health). So I'm not sure what is going on however I do think it's not delisting - at least for now, but more of a maintenance or somewhere along the lines. Nevertheless they should let their users know the reason behind their actions and continuously update them, whether it's halting deposits/withdrawals/trading - particularly if it's been days or anything major.

You could ask their support about this and either wait for their reply or announcement on SNS.

[buwaytress]

Not sure about you guys, but I'm actually used to this type of delisting. Don't use HitBTC but I've fallen foul of this type of sudden delistings on Bittrex and Poloniex. The funny thing is, I get email messages about delistings for Bittrex (or used to anyway), but I've had a couple of coins that I only found out were delisted because I checked my wallets (next to them they'll show a date for delisting). If I recall most recently, this happened to 1stblood (yes, shitcoin I know but forgive my gaming notions). Liquidated with 2 days to spare.

[VitKoyn]

Is this true

Btca, with, is gone. It's done without announcement at all.

Can anyone confirm?

I think they really should announce that. I wouldn't want to buy coins if I know that it will be delisted. Knowing which coins that will be delisted will help me pick coins more easily.

Don't know if it is true since I don't use this exchange. But an exchange is responsible to make an announcement first before removing a coin from their list, for the users be able to withdraw those coins before it gets removed. This is also why I don't use this exchange, because there are lots of complaints and very poor customer support. But who cares about BTCA anyway? it doesn't have any demand and have a N/A volume in coinmarketcap. It is just right move for exchanges to remove it from their list since no one wants to trade it, but still hitbtc should have made an announcement before making any changes.

[Potato Chips]

Not sure about you guys, but I'm actually used to this type of delisting. Don't use HitBTC but I've fallen foul of this type of sudden delistings on Bittrex and Poloniex. The funny thing is, I get email messages about delistings for Bittrex (or used to anyway), but I've had a couple of coins that I only found out were delisted because I checked my wallets (next to them they'll show a date for delisting). If I recall most recently, this happened to 1stblood (yes, shitcoin I know but forgive my gaming notions). Liquidated with 2 days to spare.

Can I ask, does that happen a lot on shitcoins? or it's plainly random?

I checked bitair and found something interesting. Additionally, it seems devs have already abandoned the project

'Bitair' is a SCAM! Stay away!
[ANN-ICO Aug 30] BTCA - BITAIR Travel Payment Solution - PRESALE RAISED ~ $ 2mln
Bitair twitter account

[Hydrogen]

One known facet of crypto regulation is banks wanting the power and authority to create rules which govern how bitcoin and crypto currencies are managed. Another known facet is crypto regulators wanting to pick and choose which crypto currencies can be listed on exchanges and which cannot.

This might be a bit premature and there isn't necessarily hard evidence for it. But if altcoins and crypto are suddenly pulled from having support. What we could be seeing is regulation approving some crypto coins while banning others from exchanges. To make things worse, some exchanges could have gag orders (see: injunctions) filed against them which could cause them to end up in prison if they publicly discuss these matters.

Anyways if support for some coins is being denied suddenly without warning and there is no explanation for it. Regulation could be the cause. There was a news story published on this where it was said exchanges in mexico or japan (if I remember correctly) were being given 3 months to comply with regulatory guidelines determining which crypto coins they should approve and which should not be. Although I have to say I'm not remembering details on this 100% as well as I might.

[buwaytress]

Not sure about you guys, but I'm actually used to this type of delisting. Don't use HitBTC but I've fallen foul of this type of sudden delistings on Bittrex and Poloniex. The funny thing is, I get email messages about delistings for Bittrex (or used to anyway), but I've had a couple of coins that I only found out were delisted because I checked my wallets (next to them they'll show a date for delisting). If I recall most recently, this happened to 1stblood (yes, shitcoin I know but forgive my gaming notions). Liquidated with 2 days to spare.

Can I ask, does that happen a lot on shitcoins? or it's plainly random?

I checked bitair and found something interesting. Additionally, it seems devs have already abandoned the project

'Bitair' is a SCAM! Stay away!
[ANN-ICO Aug 30] BTCA - BITAIR Travel Payment Solution - PRESALE RAISED ~ $ 2mln
Bitair twitter account

I suspect it's a bit to do with balancing out resources but also profitability. It's well-known now that altcoins pay to get a listing on platforms like HitBTC and Bittrex. Think there was a thread which published these rates, and now that even Vitalik himself commented on these exorbitant prices, then we know for sure listing fees play a role (the listing fee is for a fixed period, as I am sure I've seen at least on Bittrex, which needs to be renewed). Some devs perhaps don't renew the fee and then if their coins don't do volume, they're just sitting there taking up resources. Bittrex sent a lengthy email months ago explaining about all the resources these coins were eating up with orders idling for years.

I want to say they're all shitcoins anyway, but that's probably a disservice to the few who may have gotten listing on merit of good ideas that simply didn't work out market wise.

[portalufonet]

If this is true, then the exchange has behaved unprofessional. I believe such actions are announced to foreworn new investors and also give holders the time to take up a decision.

I have no information to that anyway.

It's been a long time since I've had Hitbtc deals because it has a lot of bad news and is no longer a good choice for investors. This case would make investors lose confidence in Hitbtc.

[santiPOGI]

Not sure about this, but i experienced this as XCLR and CTR token were delisted.
CTR - we all know the problem they faced and HITBTC is the last exchange who took them out.
XCLR - it was really CLR but made a swap token that made XCLR. but no announcement from the platform.

[Ferris419]

I know Hitbtc is a really bad exchange and lack of professionalism. An exchange includes the altcoin that is pumped and poured for several hours. And the solution is very poor. Not surprisingly, they remove a certain coin from the exchange without notice

[1Referee]

I know Hitbtc is a really bad exchange and lack of professionalism.

People know that and still use it by large numbers because of the lack of alternatives. Exchanges nowadays are subject to more and more regulations, and the only options for people not willing to go through that shit is to use exchanges ignoring regulatory requirements, and then you are just left with Yobit, Hitbtc, Cryptopia, etc. All these exchanges are very similar to each other, but people have to choose which one is the least scummy and go for that.

The only way for this nonsense to end is to have regulators raid the crap out of them. If they can't hit the exchanges directly, then they will target their hosting providers and seize everything they can there. These exchanges are literally a ticking time bomb.

[BitHodler]

I remember a case where a couple of exchanges have done this, where prior to them delisting coins they were dumped down significantly. In other words, someone knew more than the rest of the market.

Can anyone confirm or deny if that happened with HitBTC as well in recent times? Or even just before they did actually announce it? This ecosystem is one big mess without the much needed regulations.

All these allegations are enough reason to avoid these shitholes altogether, but nope, get rich quick noobs think otherwise.

[audaciousbeing]

Is this true

Btca, with, is gone. It's done without announcement at all.

Can anyone confirm?

I think they really should announce that. I wouldn't want to buy coins if I know that it will be delisted. Knowing which coins that will be delisted will help me pick coins more easily.

I think its in bad faith to delist a coin or disable its normal activities without informing everybody on the site. I think this is something Yobit does they would send a mail to all their subscribers notifying them of an impending delisting of some coins and the date at which its going to happen at that. What I know HiBtc does is that when one logs in, you get to see the notification at the upper part of the platform showing various activities happening to the several coins but they can really do more because if you don't log-in, you don't get to see anything happening for the coins you are holding.

[BillCoin]

Not surprising, you can be happy about the fact that you can still withdraw the currencies that they removed from trading, when it comes to HitBTC you can never be so sure.

They don't even have a support, so you can't even complain to anyone, presonally I would stay away from exchanges that you cant know who owns it, because they can just run away at one moment and nobody will know who was the owners, it's much more easier to make a theft in such a situation and we should take double caution when it comes to the cryptocurrency market.
I can recommend you to use Bitfinex, it might require you to reveal your identity but they are much more regulated which makes me less concerned about it.

[frostmourne0311]

Dont trust this exchange, proved as scam.

[ZeusTrade]

THIS IS NOT ONLY ON THE HITBTC DUE THE LOW AND LACK OF LIQUIDITY THIS ALWAYS HAPPENS THESE COINS Q NO ONE WANTS TYPE WALLET COINS YOU HAVE TO DOWNLOAD THE BLOCKCHAIN TO GUARD IMAGINA A COMMON PERSON HOW YOU WILL INSTALL AND KEEP A COPY OF THE BAT FILE.

[Da2ja3]

Hitbtc has too much negative news around it. Still wonder how they still get customers to trade on them.