The Singapore-based crypto currency exchange has announced that KuCoin has removed ten crypto tokens under their Special Treatment Rules framework, which ensures that the tokens listed on the platform are sufficient for the strict operation standard.
Plotting decision to remove these tokens can cause many small cryptanalysis to be unhealthy, leading to problems including increased susceptibility to fraudulent business operations, including pump and dump schemes.
The token design among the croplo bear market is becoming more common
The Crypto Bear Market, which lasted all of the 2018, received a significant amount of money from all cryptocorerrenisms, particularly smaller and less known and dangerous.
The ten cryptocorents that are sold include: Gibral Network, Wepower (WPR), Modem (MOD), Eldend (LEND), STK (STK), Achch (XAS), Bread (BRD), BitClave (CAT), Wikipedia Gold (BTG) and Mobius MOBI).
Conversion stated many of the factors that contributed to their decision to remove these tokens, token liquidity, roadmap commitment, network security, trading behavior, and meeting needs of exchange needs regarding solvency requirements.
The Exchange first specifies tokens as a "special treatment", which warns that projects and their investors are at risk of being delivered. If failing to meet the problems faced by the projects, they will be delivered if they solve the issues specified by the Exchange.
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Crypto Exchange Cucain Market distributes about 10 tokens as liquidity declines
COLE Petrons | December 26, 2018 | 11:00 PM
The Singapore-based cryptographic currency exchange has announced that KuCoin has removed ten crypto tokens under their Special Treatment Rules framework, which ensures that the tokens listed on the platform are sufficient for the strict operation standard.
Plotting decision to remove these tokens can cause many small cryptanalysis to be unhealthy, leading to problems including increased susceptibility to fraudulent business operations, including pump and dump schemes.
The token design among the croplo bear market is becoming more common
The Crypto Bear Market, which lasted all of the 2018, received a significant amount of money from all cryptocorerrenisms, particularly smaller and less known and dangerous.
The ten cryptocorents that are sold include: Gibral Network, Wepower (WPR), Modem (MOD), Eldend (LEND), STK (STK), Achch (XAS), Bread (BRD), BitClave (CAT), Wikipedia Gold (BTG) and Mobius MOBI).
Conversion stated many of the factors that contributed to their decision to remove these tokens, token liquidity, roadmap commitment, network security, trading behavior, and meeting needs of exchange needs regarding solvency requirements.
The Exchange first specifies tokens as a "special treatment", which warns that projects and their investors are at risk of being delivered. If failing to meet the problems faced by the projects, they will be delivered if they solve the issues specified by the Exchange.
Although there are multiple factors contributing to the designated toilet as a special treatment, liquidity is a major problem, with the continuation of the bear's market with multiple tokens business operations falling.
KuCoin explained the monetary problem on their particular treatment page, which says:
"If the Project fails to meet the basic monetary needs, the Exchange explains the ST Project, and if the fundamental liquidity is increased by the end of the scrutiny, the ST ticker symbol will be deleted ... During the exchange consideration, to sell the SD project, If the project is trusted, avoid a negative situation ID has failed to take the necessary steps. "
Trading for the aforementioned tokens was discontinued on December 24, 2018 and withdrawal token to investors until March 21, 2019, tokens or other exchanges.
Token's Trading Volume Pummats Delisted After
As predicted by many investors and analysts, the 2018 Crypto Crash will lead to the disappearance of nearly 1,700 cryptocorroses resulting from a "market purging". This is due to the lack of liquidity to be decked out by the exchange.
Following Cookin's decision to lay the above-mentioned tokens, their prices and their trade volume deteriorated.
The Gibralt Network (JNT) is currently trading at $ 0.046, its weekend's highest value has dropped significantly from $ 0.065. After being removed from KuCoin, JNT's daily business volume decreased from $ 2 million to $ 60,000.
BitClave (CAT) also reflects from a maximum of $ 0.0024 $ 0.000527 a week's $, which is affected by the dealing. The commercial size of CAT is currently near zero.
As the crypto bear market continues to bear, many Trojans are eliminated from almost all major cryptocorrotome exchanges as their virtual volume disappears.
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