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Topic: what to do, if an exchange disables trading for certain currency? (Read 656 times)

brand new
Activity: 0
Merit: 0
You betta change the exchange, if it’s not functioning for the long run

My exchange isn’t for the long run,  but now it disables trading

And what are you waiting for? It’s better to move on other exchange

Agree, but you know,  it’s like a habit to trade on the certain platform, and other wouldn’t be so convenient.

well, velvet exchange just launched their new website, it looks simple, https://velvet.exchange/#/pages/about/equal

brand new
Activity: 0
Merit: 0
You betta change the exchange, if it’s not functioning for the long run

My exchange isn’t for the long run,  but now it disables trading

And what are you waiting for? It’s better to move on other exchange

Agree, but you know,  it’s like a habit to trade on the certain platform, and other wouldn’t be so convenient.
brand new
Activity: 0
Merit: 0
You betta change the exchange, if it’s not functioning for the long run

My exchange isn’t for the long run,  but now it disables trading

And what are you waiting for? It’s better to move on other exchange
brand new
Activity: 0
Merit: 0
You betta change the exchange, if it’s not functioning for the long run

My exchange isn’t for the long run,  but now it disables trading
brand new
Activity: 0
Merit: 0
You betta change the exchange, if it’s not functioning for the long run
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
That will be a bad moment for us, and we cannot do anything except waiting for explaining from them. I hope that it will not happen in any exchanges in out there, so we don't have to stop from what we did in that exchange, and we could still trade and make a profit from any coins. Maybe if the exchanges want to disable trading, they will announce to their members so the user can prepare before they disable trading.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
I know this is your first post and you didnt tend to logged in again and im pretty sure that you didnt read up most people answer here.

When its delisted on any exchange then you are typically holding up a shitcoin.When exchangers do this then it do signify that this
coin doesnt have any volume for traders to trade on so even if you do able to pull out your coin holding if it isnt not traded anywhere then
its still useless.
legendary
Activity: 1554
Merit: 1054
As i know there is nothing to do for it.Before de-listing a coin exchanges announce it and give time to make transfers. I think you have missed that announcement.By the way Best thing is keep going on without worries.
For his own issue, I think its trading that was disabled and as at the time he made the post, they were yet to delist it, since they have not delisted it, if it’s an ECR-20 token, he can still transfer it to his ether wallet and then send it to another exchange where he can sell it as quick as possible.

It is not all exchanges will make that decision at the same time, but the moment an exchange plans to delist a coin, then that coin is already having issue and won’t be long before other exchanges too get tired of it, so before it gets to that point, he can just transfer it to another exchange and sell it for bitcoin to those who would later be a bag holder of it.
full member
Activity: 602
Merit: 100

You have nothing to do against delisting ... Look for another exchange or try to trade your coin  P2P with other users

i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?


Agree. That is why you need to monitor you coins in exchanges from time to time because they always give a time to sell or transfer your token before do the delisting. I receives some emails in exchanges when they plan that but most of the other just does not care to send me one. I also have a rule when I buy shitcoin is that it need to be available on another exchange so in case that happens, I have the option to transfer it.
full member
Activity: 952
Merit: 104
Sad  but you need to ignore and forget it because if the token or coins deleted into the market its mean isn't working and not useful is called  useless coins better luck next next time mate is part of our career here in trading.
member
Activity: 574
Merit: 14
An exchange delisting a coin is usually strong signal that support for the project is abysmally low or the project is aout to die.There is not much you can do about that, unless you are lucky to find an alternative exchange for it.Sometimes, if there is enough interest, you could push for its listing on some decentralized exchanges.The process is less rigorous than with centralized exchanges.
sr. member
Activity: 2436
Merit: 343
40+ replies and everybody is repeating the same thing. Guys, OP got the answer in the first few replies.
Repeating the same thing over and over again just don't make any sense.
Your right, it only makes sense if OP will lock this thread but I don't know if OP has time to spend looking back in here since he never been active on this thread after his post. Hope OP would think about it and have this place abandon, and no more replies after my post.
full member
Activity: 810
Merit: 101
What can you do about it? If the exchange decided to disable trading on a certain coin, then this is its decision. You will not be able to influence it, so you should find another exchange.
newbie
Activity: 237
Merit: 0
As i know there is nothing to do for it.Before de-listing a coin exchanges announce it and give time to make transfers. I think you have missed that announcement.By the way Best thing is keep going on without worries.
hero member
Activity: 1582
Merit: 523
This is always happen a certain altcoin no value and no future it will be delisted in the exchange. You cannot do with it unless it listed in other exchange and sell it their. Find an alternative exchange if it has, if no other exchange your coin will be useless so you must be updated and check always their project for you to sell early.
sr. member
Activity: 784
Merit: 255
Now a lot of such worthless coins, I would say more than 90%. Especially if the coin is traded only on such a little-known exchange as coinexchange. In such cases, the coin or token should be sold immediately after receipt. However, there are options that there are no buy orders at the very beginning.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
The simplest choice is to check out if there are any other places that allow you to trade that coin and withdraw that coin to that exchange and trade it there. Simple as that.

Moreover, it gets more difficult when you find out that there are no other places you can trade that coin or all others are now horribly low that it wouldn't even make sense to trade since it worth peanuts to you.

It is a very tricky subject in that case since some coin that got delisted by an exchange must have very little volume to get delisted, exchanges make their money from that volume and trades so removing a coin is not an easy task and they are literally saying "we don't need the money from allowing trade of this coin" so that means if it gets delisted it must be not on the right path at all.
legendary
Activity: 3052
Merit: 1188
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?

No other way in transferring the coins to other exchanges where it can be traded or the coins can be kept back into our ether wallets. I am sure the exchanges who is about to delist a coin, will announce the customers of its delisting before hand. This will be more than enough to safeguard the coin we have in our ether wallets until the coin is listed on other exchange.
That would be the last option or our token won't be withdrawn. In some cases that they are delisting some coins cause there is no market volume and it is just accumulating space in a certain exchange. A lot of coins having this scenario and sadly it never gave chances to find new exchanges where we can trade it. Definitely, it will turn into a dead coin.
I don’t know if that is the main reason for delisting coins because I have a portfolio that I have already renamed BAG HOLDER. LOL. Most of the tokens there are already dead but they have still not been delisted, just that they have no trade volume at all and I don’t know how to even get rid of them, because no one seems to be interested in the sell order that I have placed.

I just believe that once a token has been delisted from an exchange, it must have been having issue with other exchanges too and that will be the end of it all, just to forget about it and count those projects has one of those Ponzi scheme we have falling into.
jr. member
Activity: 90
Merit: 1
Probably look for another exchange? Or If so here are some of my suggestions for you, this is just my suggestion you can either follow it or just get any idea:

- Visit their social media accounts and look for informations
- Join their telegram group and ask their representatives/admin about the status of the project and the coin
- Look where you can use the coin you're currently holding
- Sell it before it will be de listed

so far here are the things I know you can do if it's going to be disable from the exchange.
hero member
Activity: 2828
Merit: 518
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?

No other way in transferring the coins to other exchanges where it can be traded or the coins can be kept back into our ether wallets. I am sure the exchanges who is about to delist a coin, will announce the customers of its delisting before hand. This will be more than enough to safeguard the coin we have in our ether wallets until the coin is listed on other exchange.
That would be the last option or our token won't be withdrawn. In some cases that they are delisting some coins cause there is no market volume and it is just accumulating space in a certain exchange. A lot of coins having this scenario and sadly it never gave chances to find new exchanges where we can trade it. Definitely, it will turn into a dead coin.
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