Topic: Poloniex shouldn't be able to hijack delisted coins! (Read 59 times)
I did miss the deadline, I didnt see any notification of it delisting. But that's not the point. Millions of $$ in crypto are locked up on poloniex with customers unable to access it. Just imagine if this was your brokerage account or you bank account or any other legitimate business. If something is being delisted every exchange must allow customers to withdraw it indefinitely unless there is a technical problem with the wallet or offer them a buy back of the coins being delisted. Locking up peoples capital is not a standard business practice. People have pending support tickets for delisted coins withdraws for over a year. They need to maintain the wallets when huge sums of money is locked up. If an exchange adds a coin/token and allows people to deposit it on the exchange they dont get to just say were delisting it and u have 2 weeks to withdraw or its locked for ever. This is illegal unless people signed contract saying its ok to hold/keep their property if certain conditions aren't met. This is not in the terms of service nor is it addressed anywhere in their FAQ or help page.
Usually Poloniex accounce in advance that they are delisting coins, so that people have time to withdraw them. After they are officially delisted they don't maintain the wallets anymore.
Did you miss a deadline to withdraw your coins?
Did you miss a deadline to withdraw your coins?
XDN Digitalnote 72000 3050$
I and many members of the the crypto currency have a decent amount of coins locked up in a delisted coin on poloniex. This isn't fair (probably illegal )and shouldn't happen at legitimate exchanges. The amount of money locked up in all the delisted coins is in the millions. The delays on some of these withdraw tickets are a huge liquidity red flag!! There always should be a way people can withdraw (or exchange) there balance unless there is actually temp maintenance. Having a ticket for 6 months or a year because poloniex needs to redownload a blockchain or a wallet of a coin is basically theft.
Please, honestly post what coin , how many, and how much its worth in USD$ is locked up in a delisted coin on poloniex, so the community can visualize this catastrophe in the making.
Please, honestly post what coin , how many, and how much its worth in USD$ is locked up in a delisted coin on poloniex, so the community can visualize this catastrophe in the making.
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