The exchange Poloniex will remove 8 cryptocurrencies from its platform


Representatives of the American stock exchange Poloniex announced that September 25 will be held delisting 8 cryptocurrencies. From the trading floor would be removed coin BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC). Users must close all trading orders and display their digital assets in the 30-day period.

Guide Poloniex explained his decision by the necessity to improve the functioning of the exchange and to improve the quality of services provided. It is important to note that the company has not explained the reasons for that delisting, the blockchain startups, this news became an unpleasant surprise. Staff PotCoin said:

“Given the long history of cooperation with the exchange Poloniex, we are surprised at the deletion message with the cryptocurrency platform. The exchange’s management didn’t even tell us about your plans”.

NeosCoin developers appealed to the employees Poloniex with a request to cancel the decision on delisting tokens NEOS, and representatives of the BitcoinPlus believe that the decision of the exchange not be a logical explanation, as the project is planning to soon release a new version of the software BitcoinPlus.

For 2018 Poloniex dropped in the ranking cryptocurrency exchanges by trading volume with 14 places to 34. To increase the popularity of the platform in July, the company management decided to apply the new rules to the evaluation of the cryptocurrency and delete all digital assets that do not meet the requirements. The evaluation system performs the analysis of the potential of virtual currency on five criteria: technology, team, business model, changes in the rate and main technical characteristics. According to the staff of the exchange, 8 cryptocurrencies did not receive a sufficient number of points and therefore unworthy to hold a place on the site.

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