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

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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.

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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.

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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

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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.

samcrypto

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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.

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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.

jazmuzika217

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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.

DarkDays

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Not all altcoins delisted from a major exchange go on to die. For example, Bitcoin SV was delisted from Binance recently, and then underwent a ridiclous 400% pump.

That being said, I don't think I've ever seen a cryptocurrency get delisted, and then relisted again. So delisting from a major exchange will likely be a long-term blow to any altcoins liquidity.

Ayiranorea

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Delisting of coins from exchanges most of the time happens when there is no good trade volume, as well there is no trade support from the respective development. As few users mentioned there are good projects that were into continued development has got delisted. This might be based on the development team having other plans of launching the token entirely new into the cryptospace.

mahibul49

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BINANCE DELIST GOOD COINS BUT BITTREX DELIST ALL THE SCAM COIN AND ALREADY DEAD TOKEN.SO my suggestion do not hold any token that has no development so far.also poloniex delist dead project

btcsmlcmnr

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If the trading site delist some alts/tokens then the price of that will drops and they think this can turn to shitcoin another thing no users invest in this anymore then if some country banned this i'm sure they think that this is bad alts/tokens that no future here in crypto,Moreover better to not use them like if Binance delist alts/tokens because we know this trading site is good like they can predict if the alts/tokens are good with future or without future

It is short term or instant effects, hours or days later, when investors find out reasons of delists, they will calm down and stop dumping their coins/ tokens. When they know that there is no serious thing happen with delisted coin, it is just a matter of exchange with coin volume, for example, they will stop dumping delisted coin. In contrast, if news or FUDS spread out with negative information on technical issues of delisted coins, those coins will be dumped hard. There is no reason to keep investors stop dumping their coins because they fear that they won't have other good chances to dump their coins when price has still been at 'low' acceptable price.

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I'm sure that the delisted altcoins from bittrex, Binance and Poloniex because of some factors. And the most crucial factors may be the low trading volume, low interest, and also low trust from the investors itself. And, the right decision should be taken by the exchanges in order to keep their exchange trust from the investors, members, and also traders. I think it is normal to decrease shitcoins or low-quality coins.

Rahman11

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Banning cryptocurrencies for USA is just a regional issue! it's not will did influence this US banning cryptocurrencies at all! it's I think just a security reason!

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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?

bttmember

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I have lost a lot of money in the past as a result of delisting of coins from mainstream exchanges so my advice is that as soon as delisting is announced go and sell all your coins instantly if you want to face less loss or if you are confident about coin then you can sell quickly and buy back from deep price dips that can multiply you coin bag and then transfer all those coins to another exchange where the coins are listed.

BitFinnese

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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.

qazgroup

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Yes if an exchange delists a coin it definitely has a negative effect not only on the price of the coin but also on the project, most investors will loose confidence and panic but if the coin and project is good i suggest to move to your wallet and wait they will definitely get listed on other exchanges where you can trade them.

lohladex

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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 .

CaVO32

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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.

proTECH77

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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.

Febo

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Quote from: cherryganda on June 19, 2019, 10:49:04 AM

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?

They are just delisting the tokens/coins due to low volume or dead trading.
But it is not meant to be a dead or banned. you should withdraw your tokens/coins and send it to other exchange which it is still listed.

He is not talking of desisted ones but the ones that are not allowed to be trade by USA citizens.

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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?

They are just delisting the tokens/coins due to low volume or dead trading.
But it is not meant to be a dead or banned. you should withdraw your tokens/coins and send it to other exchange which it is still listed.

FanEagle

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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?

Well, if the coin is delisted on ALL exchanges than it is most likely that the coin is basically as good as dead.

However, if you are delisted on just those three that is fine since there are tens of exchanges out there who deal with the small coins that the big exchanges do not care about. Places like idax for example make their profits from keeping the small coins on their roster and making sure they have as many small coins that binance/bittrex/poloniex doesn't list. Those trading fees even if they are 50 bucks a day combined make above a thousand dollars per day for them when they list all small coins and that makes sure they are still profiting and having a good business.

There are many coins that is no longer listed anywhere though, so they are totally dead and will not even return because once you are delisted from every where there is little chance you can come back.

kurcalas

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These exchanges are extremely important platforms. For this reason, the value of the tokens we have will decrease first. Therefore, it is useful to be careful against such situations.

masulum

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hmph..

first, i will move all coin from bittrex to another existing exchange or private wallet with that coin. Some times, if we are too lates to wd, we are lost our coin or not transferable. And than start to sell that coin if projects stuck no more update or being die slowly.

Stanlo

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The worst that could happen is loss in value for a short time being only if the coin or token is still developing on there roadmaps cos I've seen delisted coins that stand back on its feet after the severe blow from been delisted

thd26bct

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To answer this, we can not answer this too generally. There so few reasons behind coin delist, such as:
- Unprofitable fees from tradings of those coins on exchange. Exchange, in reality, has to spend funds to secure their platform, to do wallet upgrade, customer supports and so on. So, if a specific coin has too low volume for long period, it will highly be delisted.
- Changes in local laws, such as what happened in the US. In such cases, coins have not changed themselves, delists come from exchanges issues and local authority managements.
For the second reason, there is no reason to worry when coin delisted.

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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?

yes exchanges can delist coins that found not suitable for its users or that's lost liquidity. This projects after being delisted can die off or look for smaller exchanges which they can hold onto for the time being. This delisting happens almost on daily basis and that wouldn't stop as many currencies loose values momentarily

Herbert2020

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exchanges de-list coins when they stop giving them profit (profit of an exchange comes from number or volume of trades) so it shows that the de-listed coin didn't have that much volume which indicates lack of user interest and its death.
of course the definition of a dead project is a big weird among altcoins. a dead project in my opinion is a project that has nothing to offer and is a copy coin or a token. they are dead the day they are created. but usually people define them as dead when their trade volume drops to absolute zero otherwise there are hundreds of them that exist on some exchange (like Yobit for instance) and every now and then get 10000% pumps in a day!

Crypto5060

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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?

I think the major reason why some coins get delisted is when they don't provide liquidity for the exchange. Of a coin doesn't give profit over time or of its nature changes, it could be delisted. Using $TRST as example, Bittrex delisted it because they noticed it was a security token other than what they said earlier.

vycl87

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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?

These exchanges which you talk about don't do the delist thing often. Because the projects with a proper list policy do not need this much. On the contrary, they are trying to strengthen their platforms with new and high-potential projects. Binance, for example, moved on to a new method. First, they will try community-supported tokens at DEX. And Binance will list the successful ones at CEX. Verasity will be listed in Binance in this sense in the coming days. Let's follow how it will react.

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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?

Nope. I've seen good projects delisted from the major altcoin exchanges and still going on with active development.
But delisting usually comes with a blow in the price; the more and bigger the exchanges delisting, the bigger the damage. Maybe some coins can recover from that, but some surely not.

Please don't take it as a trading advise. I don't tell you should sell or not. I don't know the project/coin. It's absolutely your decision. And imho it's a tough one.

Febo

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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?

Bittrex is banning trading of some coins to USA citizens. No to everyone just for them. Reason is because they are securities. It dont mean anything. Those tokens are same as before. If you believed are worth to you then they are same worth yesterday as are today.

Denopoly

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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?

Topic: What will happen to delisted Alt Coins on bittrex, Binance and Poloniex? (Read 581 times)