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Cryptocurrency investors are not the only ones to download altcoin in 2018.
The cryptocurrency trade, in particular Kucoin (the 54th largest in the world) and Houbi (the 4th largest in the world), have removed the pieces and warned several tokens to be at risk of being removed. The cause of these revocations and warnings is poor liquidity and low trading volumes. If the project itself is at risk of bankruptcy, liquidation or security breaches, it could also face delisting
At the time of writing, Kucoin removed 10 altcoins from Bitcoin Gold from the register, and Huobi placed 32 trading pairs on prior notice.
What does the delisting of Exchange mean for you?
Most altcoins decrease by 90% from the time they were listed. The odds are that if you've cheated some of the unlisted or risky altcoin for the rest of 2018, you might be so insane as to not worry about your token losing another piece of its value.
However, you need to be aware of which tokens are set to be removed from the list or are at risk of exclusion from the list and plan accordingly. If a project could rise by 150% once inserted into a popular exchange, it is not a way to suppose that it could suffer a proportional fall during the descent.
The kiss of death or a temporary pause?
It is interesting to note that once a good user experience was linked to having a great variety of altcoin and trading pairs, but now exchanges are citing the maintenance of a good user experience as the main reason for removing these same resources.
Of course, dead coins do not do business on popular exchanges, but what is the guide metric we should use? Liquidity simply means that people are not actively buying and selling that token, not that the project is not working on rather innovative concepts that could be worth a fortune in the future. Investors holding project tokens at risk of bankruptcy should not be robbed of at least one exit possibility. After 2018 most cryptocurrency projects risk going bankrupt and the massive sales mirrored the market sentiment.
For example, Huobi has endangered tokens like Enigma, Salt and Quantstamp, and these are generally regarded as decent and with a future in space. There is no doubt that the blood was and will continue to be poured into the altcoin market. For many of the risky tokens, de-listing could very well be a kiss of death. However, if we attribute it to Nassim Taleb antifragile mentality, the de-listing should be just an absorbed stop measure.
reported
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