What will happen to delisted Alt Coins on bittrex, Binance and Poloniex?

WalkerIVIV

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Quote from: ivaf on June 24, 2019, 03:43:19 AM

Quote from: Denopoly on June 17, 2019, 08:37:42 AM

... What will you guys do with your coins that are on the chopping list?

What to do with coins? Get rid of them (sell) and forget. If they are removed from the exchange - they are dead.

But for some reasons there were few people that still hold their coin even that will worth nothing.
Those exchange sites that have already mentioned by OP give huge volume but the result will depend on which exchange that becomes the centralization of the daily trade volume for its coin.

ivaf

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

... What will you guys do with your coins that are on the chopping list?

What to do with coins? Get rid of them (sell) and forget. If they are removed from the exchange - they are dead.

Jating

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Obviously, they are going to be worthless, so if you have tons of them, you should have dump it, prior to the delisting date. But the problem is that are there any investors who are willing to buy those tokens?

So that's the dilemma, so projects needs to understand that not only listing is their problem, but they need to maintain it so that any trading exchanges would de-list them because of no activity, volumes or updates.

Perfect35

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Delisted coins normal are expected to dump and lose a lot off volume, but the case might be different with some coins. Take for instance bitcoin sv, it was delisted by Binance and one other big exchange and perhaps some that I do not know of. As at that time, the price by around $56 and that made it to plunge to about $51. Just within a short while, it is now around $240.

Crypto5060

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Quote from: bering on June 20, 2019, 01:07:02 AM

Considering those altcoins have low volume support during at bittrex or binance then probably they will delist them but do not too fear with that because usually you still can trade those altcoins move to another exchange but indeed the main problem is if the coins delisted by major exchange then eventually they will became an lack of interest and difficult to get profit through them

Provided such coins are listed on other exchange, there's not cause for alarm. The exchange delisting has room for withdrawal of tokens, users can withdraw to other exchange and sell.

guoyu78

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Quote from: jazmuzika217 on June 19, 2019, 07:01:36 PM

Those delisted Altcoin in exchange site will effect to decreased the volume and delisting happen because of no demand in the market or the project not yet issue some plan to their project that resulting to be delist but dont worry I'm sure those altcoin that delisted in top exchange site have listed in some decentralized or centralized exchange site.

Some of these exchanges are the problem we are having in this cryptocurrency industries because they are not holy too when it comes to scam, in the first instance, what is the essence of registering a project they know they will eventually delist, why didn’t they do their due diligent first and be sure that such project is a quality one and will stand the test of time before delisting them.

Most of these projects being delisted by them are not because they moved to decentralized exchange or another centralized exchange, majority is because they have turned to shitcoins, why few are the ones that can no longer make payment for their services.

michellee

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

I keep seeing that exchanges are delisting a lot of ALT Coins, are those projects basically dead? I really like loopring (LRC) but I don't know how well it will do while its banned in the US. Do you guys have any input on this Alt coin ban/delisting? What will you guys do with your coins that are on the chopping list?

Some of the projects have died, and they are not continuing the project as it was. But the exchanges will delist the coin if the coin doesn't have a minimum volume trading in daily because the exchange wants to take profit too from the fee. So if they find that the coin doesn't give a profit to the exchanges, then they will warn the exchanges, and if they cannot increase the volume, they will delist it right away. But that is only what I think to see the delisted coin in the exchanges.

proTECH77

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Quote from: CaVO32 on June 19, 2019, 02:12:49 PM

Quote from: proTECH77 on June 19, 2019, 02:05:40 PM

If there are tokens delisted from these exchanges there's a possibility of other exchanges to list them becasue they might look too small for trade. Binance and other big exchanges are know to operate on high volume tokens and despairs other smaller tokens from their exchange. Op don't need to worry becasue delisted tokens are likely to bull when the race begin.

but you need to be careful on those coins. they have reasons why they are delisting such coins and you need to find out why. though volume & trading activity are major factors but you should find it for yourself. you should get rid of those coins if you feel that they are being abandoned by the devs. there's no point of holding them as they will lose their value and you will end up regretting that you haven't sold them.

Yes agreed with your view, remember that most of these delisting have many reasons behind them and one could not easily ascertained the reasons as much as the exchange itself. Sometime in 2017, i got some tokens from bounty and after be listed on Binance it was delisted and some sold out before the delisttion but later in 2018 January, the developers came again to the project and at the end i sold out when it was $500.

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

What will you guys do with your coins that are on the chopping list?

Afaik they're not totally dead and not a end of the world for its holders. It's just that these tokens doesn't have enough liquidity to stay on those paltform.

Some people really have this mentality that when a certain token is listed in some major exchange then it will be skyrocket. Though being delisted somehow affect the value but if it's really something promising then you just rest your heart.

Jpti

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I think it is right choice to delist tokens that are performing poorly and keeping its goals. Many projects are being delisted by exchanges lately, and this is an encouraging move. Some of the reasons of coins being delisted are violation of rules and norms of exchanges, low volume among others. I find such moves of exchanges very much good.

bering

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Considering those altcoins have low volume support during at bittrex or binance then probably they will delist them but do not too fear with that because usually you still can trade those altcoins move to another exchange but indeed the main problem is if the coins delisted by major exchange then eventually they will became an lack of interest and difficult to get profit through them

Crypto5060

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Quote from: lohladex on June 19, 2019, 02:30:52 PM

I believe the fact a coin got delisted doesn't mean the project is nonperforming or not good . Sometimes, traders shift their base from one trading on one exchange to another , this might due to Liquidity reason or fees being charges. A company like binance can delist a coin if they are not gaining considerable trading volume daily as they expected. I have been in a situation where a coin i was holding got delisted in one of the exchange i like before of the lower trading volume .There are so many better exchanges. If i coin got delisted in an exchange, another better exchange will embrace it .

Or sometimes, they feel the project can't be easily pumped. One thing I've come to understand is whales pump projects with small volume on exchanges consistent pumps can lead to delisting or don't you think so?

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

I keep seeing that exchanges are delisting a lot of ALT Coins, are those projects basically dead? I really like loopring (LRC) but I don't know how well it will do while its banned in the US. Do you guys have any input on this Alt coin ban/delisting? What will you guys do with your coins that are on the chopping list?

To list coins / tokens on trading floors, there are agreements, contracts, contractual commitments and accompanying terms. If one of the two teams cannot meet the conditions and agreements within the specified time limit or not renew the compromises (expired). It will be delisted on that exchange. This problem occurs frequently even in large exchange exchanges like Binance, Bittrex, ...

carrigan

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When altcoins are delisted from the exchanges, it means that they are not worthy or having very low volume and cycle right? However, probably it is only in those exchanges. Because sometimes, one altcoin will have several exchanges to list. However, if delisted from the big exchanges, I'm sure that it will give few influences, well, I say negative impacts then for the growth of the coins.

Zidan Bst

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So far as I know delisted Altcoins from big exchange like Bittrex, Binance and Poloniex the price of that token will drop drastically.
I advise to fast sell that tokens.

alan2here

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Quote from: jazmuzika217 on June 19, 2019, 07:01:36 PM

Those delisted Altcoin in exchange site will effect to decreased the volume and delisting happen because of no demand in the market or the project not yet issue some plan to their project that resulting to be delist but dont worry I'm sure those altcoin that delisted in top exchange site have listed in some decentralized or centralized exchange site.

Most of the major exchanges are always checking the project very carefully and if the project is poor, delist from that exchange will happen soon. I often research very carefully before investing because if you invest in a bad project, you will have a huge loss if that coin is delist. I met a case with a Centra coin and it really made me feel sad to be delist from Binance and until now this project has completely disappeared.

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

I keep seeing that exchanges are delisting a lot of ALT Coins, are those projects basically dead? I really like loopring (LRC) but I don't know how well it will do while its banned in the US. Do you guys have any input on this Alt coin ban/delisting? What will you guys do with your coins that are on the chopping list?

Its not totally dead, maybe there’s a problem with that coin. If you see an announcement like this, then make your sell rigt away or else it will be a useless coin to you. I didn’t invest on any coin that has a low activity, I’m also afraid to lose my money if there’s a delistig signal from the exchanges. Sell as early as you could, before its too late.

CryptoTech_

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An altcoin delisted from an exchange, especially if it is a big exchange, of course it will affect the price movement (down), but it also depends on the community, if the coin has a strong community, the delist of an exchange is not very influential

iMark

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Quote from: Twinkledoe on June 19, 2019, 04:28:07 PM

Quote from: BitFinnese on June 19, 2019, 03:53:06 PM

Those that are delisted from bittrex and other exchagnes are basically not dead. They are either a security token or they do not meet the required daily volume for the exchange. Aside from that in severe case they are probably found out to be a fraud or scam coins.

They have their reasons why they are delisting it. I would say, better get rid of those tokens or coins as fast as you can because the likelihood of them dying is very high. Yes, small exchanges might accept them, but how sure are you that they can survive in the battle of crypto trading?

Because of the lack of interest of traders who made the exchange site delist some of the coins, some well-known exchange sites like bittrex have special standards for coins traded on their markets, to maintain their quality they do delisting. yeah it's better to sell when you have received a notification about delisting coins or stayaway of that coin if you dont want to get lose

setialovers

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Quote from: Denopoly on June 17, 2019, 08:37:42 AM

I keep seeing that exchanges are delisting a lot of ALT Coins, are those projects basically dead? I really like loopring (LRC) but I don't know how well it will do while its banned in the US. Do you guys have any input on this Alt coin ban/delisting? What will you guys do with your coins that are on the chopping list?

Basically, listing or delisted is the right of every exchanger for various reasons. Bittrex, binance and poloniex are trusted exchangers and if they delist a project, it will certainly have an effect on investor confidence and the price.

Topic: What will happen to delisted Alt Coins on bittrex, Binance and Poloniex? (Read 600 times)