Major crypto exchange Poloniex is delisting six digital currencies: Clams, Pascal, Steem, Navcoin, GameCredits and LBRY Credits.
According to a Reddit post published in the CLAMClient subreddit on Oct. 9, Poloniex announced the upcoming delisting in an email sent to users who hold them on the exchange.
The delisting procedure
Per the announcement, trading of PASC, STEEM, NAV, GAME, LBC and CLAM will be disabled on Oct. 15. LBC withdrawals will be permanently disabled on Oct. 28. Lastly, PASC, STEEM, NAV, GAME and CLAM withdrawals will be permanently disabled on Nov. 15. The exchange urges its users who hold those assets to take action:
“Please be sure to withdraw your assets before the withdrawal deadlines shown above. To withdraw your assets, visit the Balances page of your account and provide a withdrawal address for the currency you wish to withdraw. In order to withdraw your funds, you must have a balance that is greater than the minimum network fee of that asset.”
As Cointelegraph reported in September, major cryptocurrency exchange Binance also announced that it is removing about 30 trading pairs from its platform. Interestingly, six of those trading pairs involved tokens launched on Binance Launchpad — its Initial Exchange Offering platform.
Also in September, crypto exchange Upbit delisted and ceased trading support for privacy coins Monero (XMR), DASH, ZCash (ZEC), Haven Protocol (XHV), BitTube (TUBE) and PIVX due to money laundering concerns.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.